UK Gambling has been warned that the Labour government is reviewing proposals to increase tax revenues by up to £3bn. As reported by The Guardian, Chancellor of the Exchequer Rachel Reeves has received two proposals to increase gambling taxes, considered as a measure to plug the UK’s £22bn public finance deficit. A proposal endorsed by the Institute for Public Policy …
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Campaign for Fairer Gambling relaunches to target US market
The UK-founded and focused Campaign for Fairer Gambling plans to expand its scope and adopt a new international agenda, according to Founder Derek Webb. Webb revealed in a post on the group’s website that the Campaign has been relaunched in the aftermath of the UK’s Gambling Act review, which he described as ‘certainly imperfect’. However, Webb shared his belief that …
Read More »BGC claims SMF economic report uses ‘fantasy figures’ on spend substitution
A report suggesting that the economy would be better off if fewer people spent money on gambling has been given the short shrift by the Betting and Gaming Council as the battle for parliamentary hearts and minds intensifies ahead of the review of the UK’s gambling laws. The report – entitled ‘Double or nothing? Assessing the economic impact of gambling‘ …
Read More »ABB hits back at ‘misleading’ accusations
The Association of British Bookmakers (ABB) has hit back at accusations from the Campaign for Fairer Gambling that it may have misled the UK government over the potential impact of a reduction in stake on fixed odds betting terminals (FOBTs). The Campaign made the claims following a report by NERA Economic Consulting, which suggested that lowering staking limits on FOBTs …
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