Entain CEO warns UK tax rises could make betting shops unviable
Entain chief executive Stella David said proposed gambling tax increases in the UK could make some of its roughly 2,300 betting shops unviable and lead the company to reconsider investment. The measures under discussion include raising remote gambling duty from 21% to 50%; the government is expected to consider tax changes in November’s budget.
Operators may need to reassess UK retail investment if the proposed duty increases proceed.