UK Gambling Industry Faces Potential New Taxes, Warns BGC
BGC warns of potential new taxes on UK gambling industry. Industry leaders voice concerns over potential negative impact on operators.
The UK's Betting and Gaming Council (BGC) is cautioning the government against introducing new taxes or higher tax rates that could negatively impact the gambling industry.
Despite supporting the government's economic plan, the BGC warns against measures that could threaten growth, jeopardise jobs or undermine the customer experience.
The BGC's call comes ahead of the much-anticipated White Paper on gambling, which is expected to include a number of reforms for the industry.
The group's chief executive, Michael Dugher, warned that new taxes and regulations could put businesses at risk and drive customers to the unregulated black market online.
The BGC wants changes that will further strengthen safer gambling without jeopardising businesses and employment.