The UK government’s recent proposal to consolidate its online gambling tax structure has sparked a backlash from key stakeholders within the betting and racing sectors. The Betting and Gaming Council (BGC) and the British Horseracing Authority (BHA) have expressed concerns that the new tax regime could place significant financial strain on the UK’s racing industry and broader gambling sector. Proposed Tax Reform Could Harm Racing Finances On April 28, 2025, the UK Treasury launched a consultation titled The Tax Treatment of Remote Gambling. This consultation suggests replacing the existing structure of General Betting Duty (GBD), Pool Betting Duty, and Remote Gaming Duty (RGD) with a single, unified tax rate under the proposed Remote Betting and Gaming Duty (RBGD). The intention is to simplify the tax system, reduce administrative burdens, and modernize the framework to reflect changes in the gambling sector driven by technological advancements. Currently, the UK’s gambling tax system… Read More
Category: News
Source: Casino News Daily
