BGC launches campaign against proposed 40% Machine Games Duty rate in Britain
By The Weekly Edge desk · · Updated
Summary
The Betting and Gaming Council launched a campaign on 28 September opposing further betting shop tax rises in Britain, reported by iGaming Business. The BGC attributed to EY modelling an estimate that raising Machine Games Duty to 40% could jeopardise up to 16,000 jobs and leave the Treasury approximately £124m worse off.
Why it matters
The proposed 40% rate could expose betting shop operators to closures and job losses, according to the modelling cited by the BGC.