The repercussions of the UK vote to leave the EU, which was first raised in June of 2016, realistically won't even make significant changes until it finall🐈y takes effect this coming December. Still, there is cause for concern as Brexit brings with it several unknowns. Given that Britain is the fifth-largest gaming market in the world, worth £5 billion and likewise accounting for £2 billion of UK's GDP, Brexit is understandably alarming. From taxation to regulation, there re🎉mains a plethora of question marks as to the nature of what Brexit means not only for the gaming sector in Europe, but to the entire economy.
While some game developers remain both hopefu⛄l and positive, others are far more skeptical 🦂about what lies ahead. Can Brexit truly save the EU gaming industry, or will it bring more negative effects than positive in accordance with economic and financial sustainability?
Brexit Could Make All Aspects Of Game Development More Difficult
Thus far, the mixed bag of emotions pertaining tဣo the UK's split with the EU is entirely dependent upon funding. An article in discusses the underlying realities of Brexit highlighted by a , which found that a large chunk (75%) of UK game developers are pla꧂nning to expand their workforce within the next year. A key finding represented by respondents was the 39% that answered "limited access to financing" as one of the major "obstacles to success" foreseen with Brexit. Other concerns include "discoverability," "skills shortages," and even "the slow growth of the virtual reality market."
There's also the potential issues of import costs, as many in the industry expect retailers to pivot these expenses onto consumers, especially with next-gen platforms on the horizon. In line with added costs and entirely inherent of Brexit is the bureaucratic realities💯 it invites, making it far harder for developers and publishers to design games without outward challenges from the government. Digital entertainment lawyer and founder of Purewal and Partners, Jas Purewal, says it best in a discussion with :
"So technically once we leave the EU, we can do anything we like, and one of the pro-Brexit arguments for the games industry before Brexit, was that this would be VGTR (Video Games Tax Relief) unleashed. That the government could really help the creative industries much more. And the answer to that is maybe."
Still Too Many Unknowns
It remains to be seen how Brexit will affect the UK video game industry in its entirety, yet some benefits may arise. The aforementioned VGTR could bring some positive relief if extended, though it's highly uncertain if that will even happen. Others specu🌼late that the wider outlook of Brexit could potentially draw in more worldwide talent. Unfortunately, for a majority of the insiders and analysts following꧑ the change, it's clear that only negatives will ensue. How or what these may entail are all just predictions at this point, but hopefully the UK can find ways of adapting no matter the result.
Despite expressing the need to leave 168澳洲幸运5开奖网:politics out of their games, Ubisoft, in particular, is forecasting some extremely detrimental effects with their upcoming Watch Dogs: Legion. Though it may 168澳洲幸运5开奖网:not actually say♎ anything directly about Brexit, aside from its downtrodden open-world, it's interesting to see how Brexit will be expressed in games from a creative standpoint — from future Call of Duty titles to Fallout, Far Cry, and more.
Giv🦋en the fact that few changes have arisen thus far, in addition to the reality of a more isolated business culture within Brexit, the negatives far outweig🧸h the positives. The situation for the future could be dire, but only time will tell.