The industry is reportedly concerned about the gaming duty band freeze, which was first announced in March. Estimates suggest that land-based casino members of the gambling regulator would have to pay an additional £5 million in taxes annually.
The Treasury's proposed changes will not include an inflation adjustment for gaming duty bands that are essential to UK casinos. The decision has led the British Gambling Commission to request a reevaluation, considering the difficult conditions facing the industry—such as growing salaries, skyrocketing energy prices, and significant inflation.
The Treasury's proposed changes will not include an inflation adjustment for gaming duty bands that are essential to UK casinos. The decision has led the British Gambling Commission to request a reevaluation, considering the difficult conditions facing the industry—such as growing salaries, skyrocketing energy prices, and significant inflation.