Reeves considers raising UK bookmakers’ levy from 15% to 21%
UK Chancellor Rachel Reeves is reportedly considering raising the bookmakers’ levy from 15% to 21% in the 26 November Budget. Conservative shadow sport minister Louie French and the Betting and Gaming Council warned the proposal could affect jobs and drive customers to unregulated gambling sites; no decision was reported.
A higher levy could change licensed operators’ tax costs and the competitive pressure from unregulated sites.