Raising Gaming Machine Tax Could Put 3,800 Casino Jobs at Risk, Report Warns
The NTIA says a rise to 40% could threaten 34 casinos, 3,800 jobs and £100 million in planned investment.
8 Articles
8 Articles
Raising gaming machine tax could put 3,800 casino jobs at risk, report warns
The Government is reportedly considering an increase in the rate of machine games duty, which typically stands at 20% on profits.
BGC goes for the jugular in stark warning to government over mass job cuts
The Betting and Gaming Council (BGC) has made a direct warning to the UK government about the loss of thousands of jobs, should Machine Games Duty (MGD) rise to 40%. In the BGC’s latest statement, the wording is cutthroat from the off, stating that “thousands of casino workers face losing their jobs and venues across […]
A possible 40% increase in the taxation of gaming equipment could put up to 3,800 jobs at risk and cause the closure of numerous casinos in Britain. It is the alarm launched by the Betting and Gaming Council (BGC), the association representing the British betting and gaming industry, according to which a further tightening [...]
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