Gibraltar minister warns UK gambling tax rises threaten public revenue
Gibraltar's Minister for Justice, Trade and Industry, Nigel Feetham, warned that UK remote gambling tax increases could reduce Gibraltar's public revenue. The UK plans to raise remote gaming duty from 21% to 40% next April and online betting tax from 15% to 25% from April 2027. Feetham said the sector accounts for about 30% of Gibraltar's GDP and around 3,400 jobs.
The tax changes could affect Gibraltar's public revenue and employment in a sector that accounts for about 30% of GDP.