Rising tax rates on gambling criticized for their potentially damaging impact on the UK's betting sector.
Amid the UK's dramatic tax revisions in the gambling sector, set to increase remote gaming duty to 40% and general betting duty to 25% by April 2026, industry leaders warn of job losses, investment slowdowns, and a surge in black market activities. This escalation, potentially one of the highest globally, could not only stifle industry growth but also undermine market stability and consumer protection, according to the Betting and Gaming Council’s CEO, Grainne Hurst.
Chris Wilson