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BHA urges UK Chancellor to reject proposed unified gambling duty

Regulation

The British Horseracing Authority said 363 racing professionals signed an open letter opposing a proposed Remote Betting & Gaming Duty for UK gambling verticals. The letter cited estimates of a GBP 66 million impact if taxes were harmonised at 21%, and a loss of more than GBP 160 million a year at a 40% rate, with 2,000 direct jobs at risk in the first year at that rate.

The proposed duty could affect racing-sector revenue, employment and the incentives for bookmakers to promote racing.

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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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