Unlicensed gambling firms could be barred from sponsoring Premier League clubs, after a string of controversies involving pornographic videos, failures in anti-money laundering rules and concerns about links to organised crime. Shirts worn by players for several major English football teams, including Everton, Fulham and Wolverhampton Wanderers, feature the logos of unlicensed online casinos or […]
Gambling companies have spent nearly £5m to advertise on the London transport network since Sadiq Khan pledged to stop them from doing so, amid a prolonged impasse between the mayor’s office and the government. Khan said during his 2021 mayoral election campaign that he would order Transport for London (TfL) to extend a ban on […]
Online casinos and bookmakers will pay billions of pounds more in tax under a steep rise in duties levied on their takings from British gamblers. Shares in UK gambling firms began tumbling even before Rachel Reeves announced the change in her budget, after the Office for Budget Responsibility (OBR) – which assesses the likely impact […]
The UK gambling sector won an extra £1bn from punters in the year to March, according to new data expected to buoy calls for the chancellor to raise betting taxes in Wednesday’s budget. Betting companies made £12.6bn from services excluding lotteries in latest 12-month reporting period, the Gambling Commission revealed on Tuesday, marking a 9.3% […]
British gambling companies spent an “astronomic” £2bn on advertising and marketing last year, according to a new estimate that has intensified calls for the chancellor to increase taxes on the sector. Bookmakers, online casinos and slot machine companies spent the sum through a mixture of print and digital promotions, as well as affiliate programmes, where […]
Gambling companies don’t lose very often but nor are they usually playing a game of poker against the chancellor of the exchequer. At next week’s budget, Rachel Reeves is widely expected to announce an increase in the duties that bookies and casinos pay to the Treasury, ending months of speculation and frenzied lobbying designed to […]
The chancellor should ignore “scaremongering” by gambling firms and raise taxes on the £11bn sector’s most harmful products, MPs on the influential Treasury select committee have said. In a scathing report, delivered as Rachel Reeves’s Treasury team is finalising her second budget as chancellor, MPs accused the sector of hiding its more “insidious” products behind […]