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Regulus warns MGD increase could put £92m in horse racing income at risk

Regulation

Regulus reportedly said an increase in MGD could put £92 million of horse racing income at risk. The consultancy also forecast that about 4,000 betting shops could close by 2029.

The forecast could affect betting-shop operators and horse racing income if the tax increase proceeds.

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Regulation

EGP-FIPE warns proposed gaming tax rise could put 20% of specialist halls at risk

EGP-FIPE warned that a further tax increase on gaming machines could make at least 20% of specialist gaming halls uneconomic. The association said the government measures under consideration for the 2027 budget could include a one-percentage-point rise in the tax on slots and VLTs, alongside a three-year extension of several concessions; these remain proposals described in press reports.

EGP-FIPE, which represents public establishments offering licensed games, said a higher tax on gaming machines would make managing at least 20% of specialist halls uneconomic, affecting jobs and the licensed physical network. The association said its estimate followed press previews of measures the government is studying within the 2027 budget manoeuvre.

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