#remote-gaming-duty

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Miscellaneous
fromReadWrite
2 days ago

Evoke Q4 revenue hit by UK Budget

Evoke posted a strongest quarter with £464m revenue, but UK Budget gambling tax hikes threaten company margins and the regulated industry.
fromBusiness Matters
3 days ago

How will Higher Taxes Affect the UK's Online Casino Industry?

Online total Gross Gambling Yield (GGY) totalled £1.42 billion. That was a figure 8 percent higher than in the same period for the previous year. Real event betting GGY also increased with the total of £508 million being 12 percent up year-on-year. Despite those new stake limits, the GGY for online slots was up 9 percent to £747 million. The number of spins rose by 4% to 24.4 billion.
UK news
UK politics
fromBusiness Matters
1 week ago

From Bets to Budgets: Breaking down the role of taxes in the UK Gambling Industry

Remote gaming duty increases from 21% to 40%, sharply raising taxes on online gambling and altering industry economics, jobs, and risk of offshore migration.
UK politics
fromwww.theguardian.com
2 months ago

Online betting firms to pay billions more in UK tax, Reeves confirms

UK government will sharply raise taxes on online gambling and sports betting, significantly increasing duty rates and extracting about £1.1bn extra annually by 2029–30.
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