BGC launches campaign against proposed 40% Machine Games Duty rate in Britain
By SectorWire desk · · Updated
Summary
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.
Why it matters
The proposed 40% rate could expose betting shop operators to closures and job losses, according to the modelling cited by the BGC.