BGC warns UK Machine Games Duty rise could put 9,000 jobs at risk
The forecast closures and job risks are relevant to operators assessing the reported tax increase’s potential business impact.
All news
Reports
BGC calls MPs' push for higher UK machine games duty deeply misguided
A higher Machine Games Duty would raise costs for UK operators running gaming machines in betting shops and casinos.
Labour MPs back letter urging Chancellor to consider higher gaming duty
Any change to machine gaming duty could affect Category B machine operators and the high streets where their venues operate.
BGC urges UK government to rule out further gambling tax increases
Operators should track BGC requests that the UK government exclude further gambling tax rises and suspend a tax increase.
BGC says possible MGD rise to 40% could put 16,000 UK jobs at risk
The potential tax change could affect jobs and betting-shop and casino operations across the UK.
BGC warns 40% Machine Games Duty could threaten 3,800 British casino jobs
The BGC warns that 40% Machine Games Duty could threaten 3,800 jobs and force British casinos to close.
BGC launches campaign against proposed 40% Machine Games Duty rate in Britain
The proposed 40% rate could expose betting shop operators to closures and job losses, according to the modelling cited by the BGC.
BGC opposes proposed UK gambling advertising ban, citing consumer-protection risks
A comprehensive ban could change how licensed UK operators compete with illegal gambling sites, according to the BGC.
BGC opposes proposed blanket gambling advertising ban in UK
The proposal concerns UK operators’ ability to advertise gambling services.
BGC estimates illegal St Leger Festival betting exceeds £8m in UK
For regulators, the council’s estimate places illegal betting on the Betfred St Leger Festival above £8m.
BGC says illegal gambling operators deliberately target vulnerable UK players
The BGC identifies vulnerable players as deliberate targets of illegal gambling operators.
BGC urges UK government to rule out further gambling tax rises
Further tax decisions could affect regulated operators’ employment and investment, according to the BGC.
BGC urges UK government to disrupt illegal gambling networks
The Betting and Gaming Council is urging UK government action to disrupt illegal gambling networks.
BGC report warns illegal gambling networks target self-excluded Britons
The BGC report identifies illegal gambling networks targeting self-excluded people in Britain, highlighting a player-protection concern for regulators.
Fanatics adds prediction markets to sports betting and casino app
Fanatics now offers event contracts alongside sports betting and casino gaming in its app, following its regulated exchange acquisition.
BGC forecasts US$1.09bn in unlicensed wagers on England’s top football league
The BGC supports measures to retain customers in the regulated market as it forecasts higher betting volumes with unlicensed operators.
BGC forecasts £800m in illegal betting on English football this season
The forecasts underpin the BGC’s opposition to higher betting taxes and its calls for stronger action against unlicensed operators.
BGC forecasts £1bn in unlicensed UK football bets for 2027/28
The forecast signals greater competition from unlicensed betting sites for regulated UK operators, according to the BGC.
BGC warns UK betting shop closures will rise with further tax increases
The BGC warns that further tax increases could prompt more betting shop closures and job losses in Britain.
Appointment
BGC says Vicky Foxcroft to be UK gambling minister as DCMS stays silent
An unconfirmed ministerial change leaves operators and suppliers without official clarity on the department's gambling policy leadership.
Appointment
BGC welcomes reported Vicky Foxcroft gambling minister appointment
The trade body's welcome matters to regulators because the report says no official government announcement was made.
BGC warns taxes and costs could close betting shops
The BGC warned that rising taxes and operating costs were increasing pressures on Britain's regulated betting sector.
Acquisition
Fanatics to buy BGC's Water Street Labs and CX Clearinghouse for prediction market exchange
The deal would give Fanatics regulated exchange and clearing infrastructure as it expands its prediction markets business, which operates in 23 US states.
Fanatics plans to acquire BGC exchange and clearinghouse for prediction markets
The planned acquisition would give Fanatics control of exchange and clearing infrastructure for its prediction-market platform.
Fanatics agrees exchange and clearinghouse purchases from BGC Group
Investors should note Fanatics is acquiring a regulated exchange and clearinghouse from BGC Group for its prediction-market business.