UK Treasury raises prospect of increased duties on gambling

Sunday, November 26, 2023 8:04 PM
Photo: Shutterstock
  • Bill Barber, Racing Post

The government has raised the prospect of the duties on both general betting and pool betting being increased in the autumn statement.

The document which accompanied Chancellor of the Exchequer Jeremy Hunt’s statement in the House of Commons on Wednesday reveals the government is looking at the treatment of remote gambling in what could be a blow to the Tote and British racing more widely.

It is also more bad news for the gambling industry which is already having to deal with the impact of the government’s gambling white paper published in April.

The autumn statement document said the government “will consult shortly on proposals to bring remote gambling (meaning gambling offered over the internet, telephone, TV and radio) into a single tax, rather than taxing it through a three-tax structure”.