IPPR proposes UK online gambling tax rises, including a 50% remote casino rate
The IPPR has proposed raising the UK remote casino gambling tax rate from 21% to 50%, with other proposed increases for slots and non-horse-racing bets. Former prime minister Gordon Brown backed the proposal, while industry figures warned that higher rates could reduce tax receipts and push customers towards the unregulated market; the proposal is not Labour policy.
The proposed rates could change operators’ UK tax costs, while the item records disagreement over their effects on revenue and the regulated market.