UK gambling industry faces proposed tax increases in 2025 Budget
The UK gambling industry faced reported speculation ahead of the November 2025 Budget that Chancellor Rachel Reeves could raise gambling duties. Proposed changes would increase sports betting tax from 15% to 30% and slots duty from 20% to 50%; an industry-commissioned analysis said they could put more than 40,000 jobs at risk and shift more than £8.4bn to the black market.
Operators may need to assess the potential effects of the proposed duty increases on jobs, betting shops and market activity.