How will Brexit affect the UK gambling industry?
Brexit, Brexit, Brexit. I would not blame you if you were not a little, or a lot, bored of the whole mystifying nonsense by now.
However, despite the seemingly constant barrage of press coverage on the topic, our politicians in the UK are still no closer to actually sorting out what Brexit will actually look like, how it will be implemented and the less still understand the implications of what the different forms of Brexit could have on many different aspects of British life.
One area of interest for us is of course the issue of online gambling. How will Brexit affect how British people access sites from within the UK? Will Brits still get our excitement playing for the Mega Moolah progressive jackpot prize? Furthermore, what about those people in Europe who want to play Mega Moolah? If Britain exits the EU, what will their prospects be for playing the game? Furthermore, will Brexit have any other knock-on effects in the industry that could impinge on how people play slots, sports bet or play any other form of online casino game at present?
So how did the UK get itself into this mess and what will the future hold if and when Brexit is finally implemented?
Let's go back to the very beginning and explain exactly how the UK has come to be in this situation.
How Brexit came to be
Back in 2010, David Cameron's Conservative party didn't do enough to win power from Labour under Gordon Brown. He was forced into a coalition with the Liberal Democrats, who quickly disposed of their morals and manifesto promises, to become a facilitator for Conservative economic policy. Over the next few years, a number of disastrous decisions from both parties, combined with a growing right-wing sentiment, saw the rise of the UKIP party.
UKIP began to pick up seats, mainly from Tory voters in local council elections. With a General election set for 2015, Cameron knew he had to do something to appease the right of his party, many of whom were now ready to vote with UKIP. The one thing UKIP wanted was independence from Europe, hence Mr Cameron decided that he would campaign for re-election promising a referendum on EU membership.
With UKIP essentially abdicating those seats they would have taken from the Tories, the Conservatives won the 2015 election by 12 votes a small but important victory. However, now UKIP and right winger party MP's now wanted the referendum and this is where we enter the realms of fairy story.
Leaving the EU would be the easiest deal ever to make, we were told. Countries would be falling over themselves to offer the UK a fabulous trade agreement. Nobody really worried about the situation in Northern Ireland at that point.
Then the referendum came and surprise, surprise, Vote Leave won by a small majority. Now as much as Remain had expected to win and were stunned they did not, Vote Leave's most vociferous campaigners were equally shocked that they had won and now had to formulate the plans to deliver the Brexit they had promised.
Having presided over the most inept campaign in the history of politics, and not wanting to negotiate the Brexit deal he now felt mandated to, David Cameron resigned and Theresa May inherited the title of PM and the task of negotiating Britain's Brexit deal. She called a snap election in 2017, to try and get a Conservative majority, but failed to do so and had to form an uneasy alliance with the ultra-conservative Democratic Unionist Party.
Since then, Brexit plans have been planned, argued about, re-written, voted on and voted down, time and time again. We're several weeks past the date when we should have left the EU and there is still no sign of a deal, no sign of Brexit and the forecasts for the impact of Brexit range from the worrying (at best) to the downright cataclysmic.
So all in all, Brexit has been arguably the biggest embarrassment in British politics in history but while the politicians pontificate about what should and could happen, for those in business and people wanting to move around the EU, things have suddenly got very complicated. The reason for that is because we still do not know what Brexit will look like when it happens.
Why is everything still so unclear?
This means that if you are a punter, say in Germany and you enjoy playing Microgaming slots at a casino registered in the UK, will you still be able to play after Brexit has passed? Well, the truthful answer is that you should be, but we don't know for sure. That's because we don't know what type of Brexit will be implemented, when and what the implications of that Brexit will be.
Similarly, will companies like Microgaming be able to sustain partnerships with other casinos or slots development companies in other EU countries? Will current deals be affected by Brexit? Again, the general feeling is that there should not be any problems, but nothing is certain.
In theory, online business such as slot gaming and similar, should be largely unaffected, but once again, until the real, actual terms of any Brexit deal are known for certain, politicians cannot say with any certainty what the future holds.
We will be keeping an eye on the Brexit fiasco over the coming months to see what does transpire and we will of course, keep you informed on any changes that may be about to be implemented to do with slot gaming and online gambling in the UK or outside of it.
Byline: This article was published by Mega Moolah expert Henry. Media and other enquiries.