The Betting and Gaming Council (BGC) has backed the recent government support, welcoming the confirmation that betting companies will now qualify for the same business rates holiday like other businesses in the retail, leisure and hospitality industry. Following the government’s instruction to close betting shops and casinos across the UK to limit the spread of COVID-19, the BGC has campaigned …
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UK Government announces temporary closure of betting shops and casinos
Following the latest set of unprecedented guidelines issued by the UK government to combat the spread of the Coronavirus, betting shops and casinos will be forced to close their doors with immediate effect for a period of two weeks, pending further review. The news comes as the Prime Minister confirmed the UK was elevating attempts to flatten the impending Covid-19 …
Read More »UK Gambling not eligible for emergency business rates relief
In light of Chancellor Rishi Sunak’s package of new measures to support UK businesses during the COVID-19 pandemic, it has since been confirmed that betting shops and casinos will not qualify for relief in business rates. Backed by PM Boris Johnson, Sunak announced that the Treasury department had reserved £330 billion in business loans (equivalent to 15% of GDP) to …
Read More »BGC backs Treasury measures to protect UK business
UK gambling trade body, the Betting and Gaming Council (BGC), has welcomed Chancellor Rishi Sunak’s economic package, which provides struggling businesses with access to a £330 billion government-backed fund providing loans to overcome COVID-19 disruptions. Yesterday afternoon, Sunak pledged that the UK Treasury would ‘do whatever it takes’, providing a total of £350 billion in economic support to help UK …
Read More »Treasury pledge delivers relief for retail and hospitality
Rishi Sunak, Chancellor of the Exchequer, has declared that the UK government will take a ‘wartime approach’ to safeguard the UK economy and businesses of all sizes with a package of new measures. Flanked by PM Boris Johnson, Sunak announced that the Treasury department had reserved £330 billion in business loans (equivalent to 15% of GDP), helping the UK economy …
Read More »BGC urges Chancellor to ‘take bold steps’ to support bookies
Ahead of tomorrow’s Spring Statement, the Betting and Gaming Council (BGC) has urged the UK Chancellor of the Exchequer Rishi Sunak to ‘take bold steps to help retail the leisure industry, including bookies and casinos, and to tackle the online black-market’. BGC governance has called for a reform of business rates, which will include measures to allow more small businesses …
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