Regulus Partners challenges UK gambling tax estimates of £2.9bn
Regulus Partners analysts challenged estimates backing Labour MPs’ call for higher UK gambling taxes. The MPs’ letter said doubling General Betting Duty to 30% and raising Remote Gaming Duty to 50% would raise £2.9bn in the first year and about £3.4bn by 2030; Regulus estimated those measures would raise closer to £2.1bn.
The competing revenue estimates inform operators’ assessment of proposed tax increases and their potential effects on the regulated sector.