Tax Shock in Britain: Online Casino Betting Will Soar To 40% And Conditions Will Change For Bookmakers
The gambling industry in the United Kingdom is in for a major shake-up in the coming years. According to insider information, the government is planning a radical revision of the fiscal burden on online gambling and betting operators.
NEXT.io shared exclusive data, referring to a document from the Budget Office (OBR), which, apparently, was published by mistake and quickly deleted, but did not go unnoticed.
Key changes that the authorities are preparing:
- Online gambling (Remote Gaming Duty): The tax rate is expected to almost double. If now operators pay 21%, then from April 2026 this figure is planned to be raised to 40%.
- Betting (sports betting): A separate tax rate of 25% will be set for this segment. The introduction of this measure is scheduled for a later date - from 2027.
This data leak may signal a tough course of the regulator to replenish the budget at the expense of the highly profitable entertainment sector, which will inevitably affect the market and conditions for players. There have been no official comments from the Treasury yet, but the market has already reacted to the news with alarm.
Mark Patterson is the news writer at CasinosInCanada who covers the latest developments in the iGaming industry, including casino launches, regulations, and market updates.
Whatever is your point.
Awesome.
Folks, don't panic ahead of time. It was a "mistakenly" published doc. A classic stuffing to check the reaction of the market and stocks. If the shares of giants like Flutter or Entain collapse now, they will revise the numbers.
And rightly so! It's high time to clamp down on these bloodsuckers. People lose the last money, families collapse, and they fatten. I would generally make a 90% tax to close all these offices to hell.
Did you go there as a cuckoo?? 40%?! This is death to the legal market. Now all operators will stupidly shift this to the players. RTP will be cut into the baseboard, bonuses will be canceled. Hello, script casinos and VPNs. Well done, bureaucrats, they buried themselves.