Betfred Warns of Nationwide Closures if UK Gambling Taxes Rise
Betfred has cautioned that its entire network of UK betting shops could vanish if Chancellor Rachel Reeves proceeds with a plan to increase gambling taxes. The bookmaker’s chairman and co-founder, Fred Done, said a tax hike would threaten the survival of all 1,287 outlets and put roughly 7,500 jobs at risk. “This is the biggest […]
Betfred has cautioned that its entire network of UK betting shops could vanish if Chancellor Rachel Reeves proceeds with a plan to increase gambling taxes. The bookmaker’s chairman and co-founder, Fred Done, said a tax hike would threaten the survival of all 1,287 outlets and put roughly 7,500 jobs at risk. “This is the biggest […]
