There’s been uproar in the wake of the UK Budget, which heralds a hike in remote gaming duty to 40% next year, and an increase in remote betting duty to 25% of GGR from 2027.
But is it going to push swathes of gambling activity offshore, and will it yield £1.1 billion in new tax revenue as the Office for Budget Responsibility claims? And why could it lead to retail closures when taxes on betting shops were left untouched??
Ed Birkin is not so sure, as Right to the Source breaks down the key figures to cut away the hyperbole and set out what GB gambling faces facing in the wake of the tax rise.
Will the remote gaming levy increase to 40% raise the £1.1 billion the government is projecting?