UK Gambling Tax Increase Divides Political Opinion
In the United Kingdom, chancellor John Healey‘s decision to increase Machine Games Duty (MGD) from 20% to 25% has divided politicians and the gambling industry, with supporters of tougher regulation welcoming the measure while opponents warn of consequences for betting shops, employment and British horse racing. Announced in the latest UK Budget, the increase applies to Category B gaming machines. The government intends to use additional gambling tax revenue to support high street businesses, although the decision has renewed concerns […] The post UK Gambling Tax Increase Divides Political Opinion appeared first on World Casino News.
In the United Kingdom, chancellor John Healey‘s decision to increase Machine Games Duty (MGD) from 20% to 25% has divided politicians and the gambling industry, with supporters of tougher regulation welcoming the measure while opponents warn of consequences for betting shops, employment and British horse racing. Announced in the latest UK Budget, the increase applies to Category B gaming machines. The government intends to use additional gambling tax revenue to support high street businesses, although the decision has renewed concerns […]
The post UK Gambling Tax Increase Divides Political Opinion appeared first on World Casino News.
