BGC warns UK tax increases may expand illegal online gambling
The Betting and Gaming Council said higher UK gambling taxes and lower regulated-market returns could drive customers towards offshore operators. H2 Gambling Capital’s analysis, cited by the BGC, forecasts that offshore online gambling volume could rise from £16.6bn currently to £36bn in 2031, while the illegal market’s share increases from 10% in 2025 to 22%.
The projected shift could reduce licensed operators’ market share while increasing exposure to unregulated gambling services.