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PwC study finds slower growth in European markets with higher gambling taxes

Regulation

A PwC study commissioned by the Betting and Gaming Council reviewed 17 European jurisdictions and found that Western European markets which raised taxes averaged annual gross gaming revenue growth of 6% from 2019 to 2024, compared with 17% where rates were maintained or reduced. The study also reported that 40% to 53% of surveyed players were open to using unlicensed sites; the UK Gambling Commission said it could not confirm claims that higher taxes and restrictions reduce channelisation.

Operators and policymakers face evidence of differing growth and channelisation outcomes across tax and regulatory regimes.

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Regulation

BGC warns UK Machine Games Duty rise could put 9,000 jobs at risk

The Betting and Gaming Council said the UK’s planned increase in Machine Games Duty to 25% could put nearly 9,000 jobs at risk and leave almost 1,000 betting shops and casinos facing closure or serious risk of closure, citing EY estimates. The council also cited more than 600 betting shops closed or set to close since the previous year’s budget and said over 11,000 online and retail jobs had been lost or put at risk. Its chief executive, Grainne Hurst, criticised the tax increase.

The Betting and Gaming Council (BGC) has criticised the UK Chancellor of the Exchequer's decision to raise Machine Games Duty (MGD) to 25%, the trade body said. The BGC said the increase would put almost 9,000 jobs at risk and leave almost 1,000 betting shops and casinos facing closure or serious risk of closure, according to estimates by EY cited by the council.

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