Some Thoughts on Spread Betting

What is spread betting?

Spread betting is a speculative activity to make money by taking advantage of price movements of financial assets without actually owning the asset. This is a tax-free form of gambling in the UK. Many people have tried this type of betting but be aware that many loose! Here is an article from Guardian about the subject.

In spread betting, you basically predict whether a particular asset will increase or decrease in market price. If your market prediction is correct, you profit from this movement and if your market prediction is wrong, you incur a loss instead.

The more accurate your prediction, the higher your profits and equally, the further you are from the actual market movement, the greater your losses. When you bet that the market price of an asset will increase, this is referred to as going long and when you bet that the asset’s market price will decrease – this is otherwise referred to as going short.

What is a spread?

spread bettingThe term spread refers to the relationship between the two prices that affect or influence the market price movement of the underlying asset. These two prices are commonly known as the bid price and the offer price.

All costs that arise out of the speculative trading of financial assets are incorporated into these prices thus ensuring that the buying price will always be a bit higher than the market price and the selling price will be a bit lower than the market price.

For example, if a particular financial asset is trading at 7545.5 and has a one point spread, the offer price would be 7546 and the bid price would be 7545 respectively. In a nutshell, spread betting involves placing a bet on the likelihood of a financial asset either moving above or below the spread.

Advantages of spread betting

Tax-free – One of the biggest advantages of this form of gambling is that it is tax-free and therefore any profits you make are all yours. You will not have to fill any forms or documentation to declare your gains on your annual tax return reporting.

Consequently, though, any losses you make out of spread betting cannot be offset against any capital gains that you may have made elsewhere. Note that these are regulations that can change so always check the current tax regulations!

Controlled bets – It is important to note that profits and losses on spread bets can be open-ended and that means that you will not know beforehand how much profit or loss you will make initially.

There are however controlled risk bets offered by brokers that involve fixing the limit of potential risks and this provides better peace of mind even though they tend to be more expensive than a normal spread betting trade.

Notable Game Development Companies in the UK

The game development industry is an important part of the UK economy and these are some notable game development companies in the UK that are making waves all over the country and globally:


Ustwo is a London-based game development company that developed the popular puzzle game Monument Valley for iPhone and iPad users. This particular puzzle game won in 2014 a prestigious Apple design award. The startup company was founded by Matt Miller and his friend John Sinclair.

The popular game Monument Valley was initially free but was afterward priced at just under £4.00 with the number of Apple downloads hitting 26 million in just over a year by May 2016.

The company also develops software and apps for other game companies, for example, the software for Tesco tablets and has also worked on Google’s operating system, in particular, their Android Watch system.

Rockstar North

company profiles gamingRockstar North game development company is based in Edinburg and is renowned for making the widely popular game franchise Grand Theft Auto. Other game franchises to their credit are the Max Payne series, Red Dead Redemption, and Lemmings. The game Max Payne has also been turned into a movie.

Rockstar North was founded by two brothers: Sam and Dan Houser in 1998 and BMG Interactive was its predecessor. The popular game Grand Theft Auto V is one of their most profitable games and it made $1 billion in sales in 3 days after its release.

Rebellion Games

Rebellion Games is a British game development company based in Oxford. It is well-known for making action games and its most popular game franchises to date are the Aliens vs. Predators franchise and the Super Elite franchise.

Rebellion Games was founded in 1992 by two brothers Jason and Chris Kingsley who had also shared a passion for playing and making games. Rebellion Games is one of the few successful game companies that have remained fiercely independent.

The company has also diversified into other fields such as comic books publishing through the Abaddon Books imprint.

Sports Interactive

Sports Interactive Company is a video game developer based in London and is renowned for the popular Football Manager series. It was founded in 1994 by the Collyer brothers and in 2006 was acquired by video game publisher Sega.

Football Manager has become a highly influential video game because it mimics to a great deal the real world of football management from player transfers to handling the media to injury management.

MTG acquires Kongregate

Media group MGT acquires the the game company Kongregate, based in San Francisco. The company rises on the stock exchange after the announcement.

More media

The media group MTG acquires game company Kongregate, based in San Francisco, which is a American publicist and game developer. Sellers are the current owner GameStop Corp. The transaction is based on a valuation of the Company (Enterprise Value) of $ 55 million and is subject to regulatory approvals and other terms. This is stated in the company’s press release.



Great Revenue for Kongregate

Kongregate increased its net sales (net of revenue shared with developers) in 2016 by 38 percent to $ 35 million total, with mobile revenue generated by purchases within games and advertising sales growing by 74 %. Kongregate is expected to sell at least $ 50 million this year with a margin of about 10 %.

Kongregate attracts up to 14 million active users every month, across all platforms, with more than a hundred thousand games on its browser-based platform  – and over 100 million downloads for 45 games in the most famous app-stores.

Started as a Browser-based service

The company started as a browser-based platform for web games and has since expanded its business to include games for both mobile platforms and the Valve Steam platform, as well as its own game development as a result of the acquisition. Kongregate also extends its activities to its own game development.

As a publicist, Kongregate agrees with game developers to share revenues. MTG and Kongregate intend to acquire additional game developers, who will benefit from Kongregate’s global user network and ability to generate traffic as well as their relationships with publishers and third party platforms.

The investment follows MTG’s recent buyout of 51 % of the Hamburg-based game developer InnoGames in 2016 and 2017.

Investments in line with strategy

Kongregate has also begun publishing its own gaming rights through the newly acquired San Diago-based Ultrabit. Ultrabit has developed the successful titles ‘Raid Brigade’, ‘Pocket Politics’ and recently ‘Office Space: Idle Profits’, based on the cult film.

” Games online are 1 of our 3 digital entertainment vertices and we establish ourselves in a industry, that is expected to host around $ 130 billion the year 2020, with Mobile games as the fastest growing segment. People spend almost one third of their daily time on mobile devices playing games. We are looking forward to welcoming the highly talented and experienced team to MTG. “Says Jørgen Madsen Lindemann, CEO of MGT.


Welcome to Firestorm Productions!

This website is build for you that love to play games and read about all kind of games. Back in the days Firestorm productions was an independent group of coders that created games for fun. Later this have developed into more serious games. We are very thankful to the guys behind Firestorm Productions and appreciate their work. As a honour to them we list the different games that was developed by them. Going forward this blog will mostly be about present games that are more advanced and played by the big mass.

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