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Betting and Gaming Council opposes UK gambling tax proposals

Regulation

Betting and Gaming Council chief executive Grainne Hurst criticised reported proposals to raise UK gambling taxes. The IPPR said increasing remote gaming duty from 21% to 50% could raise up to £2.9bn, rising to £3.4bn by 2030; Hurst warned that higher taxes could affect sector investment and push customers towards illegal operators.

The proposals could change tax costs for UK gambling businesses and their exposure to competition from illegal operators.

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Regulation

BGC launches campaign against proposed 40% Machine Games Duty rate in Britain

The Betting and Gaming Council launched a campaign on 28 September opposing further betting shop tax rises in Britain. The BGC attributed to EY modelling an estimate that raising Machine Games Duty to 40% could jeopardise up to 16,000 jobs and leave the Treasury approximately £124m worse off.

A campaign called "Back Our Betting Shops" was started by the Betting and Gaming Council on Monday. It sets out to show how employees, communities and high streets across Britain could be affected by additional tax rises and shop closures. According to the BGC, the initiative features workers from several parts of the industry, among them apprentices, managers, customers, long-serving staff and community collaborators.

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