According to the Department for Digital, Culture, Media and Sport (DCMS), last year was a record breaking year for the UK games industry, with game development and publishing contributing a sizable £2.91bn to the UK economy. That total marked a 9.1% increase over the previous year, meaning that games in the UK entered 2020 with their best foot forward.
The UK government has opened its call for evidence over the use of 'randomised monetisation mechanics' aka loot boxes in videogames. The call is asking for input and feedback from gamers (and their parents/guardians), developers, industry, and academia over concerns that the use of loot boxes are harmful and should be subject to restrictions under... Continue Reading →
The DCMS will launch a call for evidence into the use of 'loot boxes' within videogames, to decide whether or not they should be considered 'gambling'.
Video games companies across the UK can now begin claiming tax relief on their production costs, as the government’s cultural regulations came into force on the 19 August 2014. With tax relief only available for companies producing games that are certified as culturally British, this milestone marks the completion of the legislation and will see the first companies begin... Continue Reading →