The United Kingdom’s tax regulator, His Majesty’s Revenue and Customs (HMRC), has won a substantial ruling in a dispute over the duties paid on free spins.
The tribunal hearing contested between HMRC and Jumpman Gaming Ltd (Jumpman) focused on the latter’s £13 million ($17.56 million) in contested unpaid monies (duties) that the tax office had repeatedly stated were outstanding.
These duties are officially titled remote gaming duty (RGD) by HMRC and are expected of any licensed gambling business operating in Great Britain. Still, the grey area surrounding free spins and their taxable status has been a much-debated topic in the gambling world.