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Gordon Brown backs proposed UK gambling tax increases

Regulation

Former UK prime minister Gordon Brown backed the Institute for Public Policy Research’s proposals to raise gambling taxes, reportedly saying the revenue could help address child poverty. The proposals include raising online casino tax from 21% to 50%, machine tax from 20% to 50%, and sports betting tax from 15% to 25%; the IPPR estimated the changes could raise an additional £3.2 billion. The Betting and Gaming Council warned the increases could push customers towards unregulated gambling sites.

The proposals could change tax costs for UK gambling operators if adopted.

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Regulation

UK political figures back proposed gambling tax increases

Labour deputy leadership candidate Lucy Powell said she supported raising taxes on gambling companies, while former prime minister Gordon Brown also backed proposals, according to reported remarks. The Social Markets Foundation and Institute for Public Policy Research have proposed a Remote Gaming Duty of up to 50% on products including online slots; the government said it was reviewing gambling taxes and would announce any changes in autumn.

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