By SectorWire desk ·
Illegal gambling networks target self-excluded people in Britain, according to a BGC report. Fincord estimates that the global illegal gambling market generated US$50bn in 2025.
The BGC report identifies illegal gambling networks targeting self-excluded people in Britain, highlighting a player-protection concern for regulators.
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Any change to machine gaming duty could affect Category B machine operators and the high streets where their venues operate.
The request concerns tax rates affecting betting shops and other businesses with category B machines.
The potential tax change could affect jobs and betting-shop and casino operations across the UK.
The BGC warns that 40% Machine Games Duty could threaten 3,800 jobs and force British casinos to close.
The proposed ban could change how licensed gambling operators advertise in the UK.
The proposed 40% rate could expose betting shop operators to closures and job losses, according to the modelling cited by the BGC.