UK casino chiefs warn tax uncertainty threatens investment
By SectorWire desk · · Updated
Summary
Genting UK and Rank executives warned that Machine Games Duty uncertainty threatened investment. Genting UK chief executive Paul Willcock said he might reconsider the £40m Trocadero project if deciding now; Rank chief executive Richard Harris said higher duty would make venues unviable. Rank had closed three venues in Q3 2026, saying they lacked medium-term viability.
Why it matters
Casino executives warn a possible duty increase would weaken venue viability and future investment.