Casino bosses warn tax uncertainty will see UK investment grind to a halt
By The Weekly Edge desk ·
Summary
Leaders of Genting UK and Rank Group told an industry event that uncertainty over a possible doubling of Machine Games Duty in the autumn budget is stalling investment, and that any increase would make venues unviable. Genting's CEO said he might not have approved the £40m Trocadero casino conversion if deciding today, while Rank has closed three venues in Q3 2026. NTIA research put casinos' gross value added at £815m from 14 million visits to 108 licensed venues, though 63% of respondents were casino stakeholders.
Why it matters
Tax uncertainty is already stalling casino investment, while operators say a duty increase could make venues unviable.