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Consultation on Remote Betting and Gaming Duty Closes as Racing Lobby Intensifies

Treasury will compile consultation responses over the summer for a mid-October briefing to shape new duty rates in the autumn budget.

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Overview

  • The Treasury’s Remote Betting and Gaming Duty consultation closed on July 21 and its responses will be reviewed over the summer under Cabinet Office guidance.
  • A summary report for ministers is due by mid-October with final duty rates expected to be announced in the autumn budget.
  • The British Horseracing Authority has ramped up its “Axe The Racing Tax” campaign to press for an exemption from the proposed duty hike.
  • Flutter UKI warns that doubling gaming duty could cost the industry about £1 billion and put tens of thousands of betting and gaming jobs at risk.
  • Industry figures caution that higher regulated-gambling taxes would drive customers toward unlicensed black-market operators lacking oversight or consumer protection.