Gordon Brown urges Reeves to raise UK gambling taxes
Former UK prime minister Gordon Brown urged Chancellor Rachel Reeves to increase gambling taxes in the Autumn Budget. An IPPR report proposes raising online casino and slot taxes to 50% from 21% and gaming-machine taxes to 50% from 20%; it also recommends increasing general betting duty on non-racing bets from 15% to 25%, estimating £3.2bn in additional annual revenue. The Betting and Gaming Council said the proposals risk driving customers to unregulated markets.
The proposed rates would affect operators’ tax liabilities if adopted in the UK Budget.