UK-licensed online gambling operators have so far shrugged off the hit of April’s doubling of Remote Gaming Duty, with Q2 gaming growth remaining strong, but analysts at Regulus Partners have warned that the bigger effects may still be to come.
In recent weeks, leading names such as Entain, evoke and Super Group have posted UK growth for Q2 and H1. This was despite Remote Gaming Duty increasing from 21% to 40% from 1 April.
Regulus’ analysis of six major online gambling operators, representing around 66% of UK market revenue, found that online betting was broadly flat in Q2, while online gaming continued to grow by around 12%.
