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TIME FOR GOVERNMENT TO PUT SCOTTISH GAMES INDUSTRY ONE UP ON RIVALS
[ 18-08-2010 ]
Commenting on the news that administrators have been called in at Dundee video games developer Realtime Worlds, Liz Cameron, Chief Executive of Scottish Chambers of Commerce, said:
“Obviously this is a worrying time for the talented staff at Realtime Worlds and for the Scottish video games industry in general, where the company was one of our largest and most successful businesses in recent years. The task must now be to ensure that Dundee and Scotland retain as many highly skilled individuals as possible and that buyers can be found quickly for Realtime Worlds continuing operations.
“This sad news underlines the significant investment and risk attached to the video games industry and is evidence that the UK Government must take urgent action to support a sector which offers huge benefits to the Scottish economy. It is a very long time since video game development was conducted by bedroom programmers and garage industries. Today’s video games are multi-million pound projects developed over several years by huge teams of highly educated and skilled individuals. The risks – as we have seen this week – are enormous, but are outweighed by the potential rewards.
“Scotland has a great track record in bringing through new talent in this area, thanks to the work of institutions such as Abertay University, and in developing some of the world’s most iconic video games. However this strong position has been challenged in recent years by other parts of the world offering more attractive fiscal regimes for gaming companies. Scotland must match or better the tax breaks offered by our rivals if we are to compete in the future, and that will require urgent action from the UK Government to reconsider its position on tax breaks, denied to the games industry in June’s Emergency Budget.”
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