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BGC and aPAL sign one-year cooperation agreement on Chilean online gambling

Deals & M&A

The Betting and Gaming Council and Chile’s aPAL signed a one-year agreement to share regulatory experience and engage with policymakers on a proposed licensed online gambling market in Chile. The BGC said the country could introduce licensing as early as 2027; the agreement comes as legislation remains under consideration.

The agreement gives Chilean policymakers access to regulatory experience as they consider licensing online gambling.

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UK raises Machine Games Duty to 25%

Chancellor John Healey announced that the UK will raise Machine Games Duty from 20% to 25%, according to the report. Healey said the increase would fund additional high-street support, while the small-business relief threshold will rise from £12,000 to £18,000. Industry groups warned that higher taxes could contribute to shop closures and job losses.

The United Kingdom will raise Machine Games Duty from 20% to 25%, Chancellor John Healey announced in the new budget. Healey said the additional tax revenue would provide greater support for high streets. Adult gaming centres and vape shops will be exempt from that relief, he said.

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