Budget: Odds to be slashed if betting industry taxed higher, Reeves warned Sport Business Tax rises for the betting sector in tomorrow’s Budget could leave punters with worse odds across all sports, say industry spokespeople. Chancellor Rachel Reeves may target so-called “sin taxes” on Wednesday as she looks to fill a fiscal black hole, with the gambling sector expected to be hit. Reeves could exempt flutters on horse racing [...]
Gambling industry will see job losses if taxes hiked, Chancellor warned Business The gambling industry and high street could be hit with job losses if the Chancellor hikes taxes on betting, the Betting and Gaming Council has warned. Rachel Reeves is expected to target so-called “sin taxes” at Wednesday’s budget, alongside a number of other areas – from ISAs to income tax thresholds to VAT – to [...]
Budget: More than sport at stake when it comes to betting tax hikes Sport Business Today marks my first anniversary as chief executive of the Betting and Gaming Council. It’s a privilege to represent an industry that contributes billions to the economy and plays such an integral role in British sport and culture. But it’s also a moment of real jeopardy for our sector, and for the sports and communities [...]
BGC: Reeves making a mockery of growth strategy with gambling tax August 20, 2025 The Government would be “making a mockery of their growth strategy” if they introduce a mulled gambling tax, the chief of the Betting and Gaming Council has said. Grainne Hurst insists that plans by Chancellor Rachel Reeves and the Treasury that could hit bookies with tax rises and potentially drive punters away from popular sites [...]
Betting and Gaming Council hails gambling minister after AGM March 2, 2025 The Betting and Gaming Council have heaped support on gambling minister Baroness Twycross after her address at the group’s AGM. “In my short time in post, I have seen the value this sector brings,” the former London Assembly member said last week. “Not just in tax receipts and jobs created, but as a leisure activity, [...]