The Coalition to End Gambling Ads (CEGA) has signed up a host of new members – including five London councils. Barnet, Brent, Enfield, Hackney and Lewisham have all joined the organisation, which puts increased pressure on London’s mayor, Sadiq Khan, to ban gambling adverts on the capital’s tube network. He previously pledged to do so […]
Government
Bookies Warn of Mass Job Losses, Sponsorship Cuts and Black Market Boom Amid Budget Fallout
The UK government’s Autumn Budget could have one of the most seismic, negative impacts on the gambling industry ever witnessed. That’s the view of sector insiders, who – still reeling from the tax raid announced on Wednesday – have predicted mass job losses, cuts to sponsorship budgets and the furtherance of the unregulated ‘black market’ […]
Online Gambling Hit Hard in Autumn Budget with Casinos Suffering 19% Tax Hike
After months of rumours and speculation as to what it would contain, the UK chancellor Rachel Reeves unveiled her Autumn Budget today. And, as expected, there was good news for horse racing and high street betting shops. However, online sports betting has been hit hard with a considerable tax increase, while online casinos will have […]
Reports Suggest Gambling Tax WON’T Be Increased on Horse Racing or Betting Shop Wagers
After months of speculation, the chancellor’s Autumn Budget is just a week away. Rachel Reeves will announce her plans to shore up the UK’s financial future next Wednesday, with a hike in gambling tax one of the hottest talking points. Initially, it was thought that she would introduce a blanket increase on all gambling tax. […]
New Report Suggests Sports Betting Will Be Spared from UK Gambling Tax Hikes
The rumour mill surrounding the UK government’s planned increase of gambling tax continues to turn… with new reports suggesting that bookmakers will be spared from the raid. According to The Telegraph, the chancellor won’t raise the amount of tax paid by operators on their sports betting activities – providing a huge sigh of relief to […]