UK Gambling Faces £3B Tax Hike, Stock Prices Drop Amid Uncertainty
The UK gambling sector has been thrown into turmoil following reports that Chancellor Rachel Reeves may impose significant tax hikes on the industry. A new levy, expected to raise as much as £3 billion, is under consideration as part of efforts to plug a £22 billion shortfall in the government’s budget. The proposed tax increases, which are said to target […]
The UK gambling sector has been thrown into turmoil following reports that Chancellor Rachel Reeves may impose significant tax hikes on the industry. A new levy, expected to raise as much as £3 billion, is under consideration as part of efforts to plug a £22 billion shortfall in the government’s budget. The proposed tax increases, which are said to target […]
