Savvas Fellas: How MrQ confronts UK’s new 40% tax regime
About this episode
Savvas Fellas discusses the impact of the UK's new 40% gambling tax on operators and the industry.
🎙️ NEXT.io Podcast #262 with Savvas Fellas CEO and Founder of MrQ. UK Tax Shock, Black Market Risk & The Future of Operators In this episode of the NEXT.io Podcast , Savvas Fellas, CEO of MrQ , breaks down the real impact of the UK’s upcoming gambling tax changes and what they mean for operators, players, and the wider industry. With tax increases expected to reach up to 40% of revenue , this conversation explores how operators are adapting, where margins are being squeezed, and why the next 12 months could reshape the UK market. ⏰ Timestamps: 00:00 - Intro 00:26 - Sponsors message 01:48 - Welcoming Savvas Fellas 03:48 - Building MrQ & company philosophy 07:40 - Impact of the 40% tax increase 12:17 - Crisis vs opportunity: how companies respond 16:20 - Cost cuts across the industry (RTP, suppliers, structure) 19:18 - Acquisition, affiliates & marketing challenges 22:00 - Black market risk and player behaviour 25:16 - Trust vs value: why players choose operators 30:09 - Market consolidation & economies of scale 33:59 - Survive vs thrive: strategy for MrQ 36:31 - Focus vs expansion: staying in the UK 39:05 - Regulation, UKGC & industry responsibility 44:43…
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