Online Gambling Tax Rises to 40% in Budget
Chancellor Rachel Reeves announces major increases to online gambling taxes, targeting games with the 'highest levels of harm'. Discover the full financial impact.
Category : Search result: gambling budget
UK Online Gambling Tax Doubles in Budget Shake-up
Chancellor Rachel Reeves announces near-doubling of remote gaming duty to 40%, hitting online casinos and bookmakers. Discover how this impacts the industry and Treasury coffers.
Online betting firms face £1bn tax hike in Budget
Chancellor Rachel Reeves announces a major tax increase on online gambling firms, doubling the duty to 40% from April. Discover the full impact on the industry and problem gambling.
Betting shares tumble after Budget gambling tax hike
Shares in major UK betting firms plummet after the Budget reveals a sharp rise in remote gaming duty. The changes could push £1.1bn to Treasury but risk jobs and black markets.
Budget Leak Causes Market Chaos, Tax Hikes Revealed
Chancellor Rachel Reeves faces Budget leak crisis revealing tax increases for one in four workers by 2030, sparking financial market turmoil and political fallout.
Rachel Reeves's Budget 2025: Key Points Revealed
Chancellor Rachel Reeves delivers her first budget with growth forecasts and a fuel duty freeze, despite a major OBR leak. Discover the full economic update.
UK gambling firms win £1bn extra from punters
UK gambling industry winnings hit £12.6bn, with online casino revenue soaring 55% since pandemic. Campaigners demand tax increases as firms lobby Treasury.
UK Gambling Revenue Hits £16.8bn, Up 7.3%
UK gambling revenue reached £16.8bn in the year to March, a 7.3% rise driven by online betting. As the Chancellor considers a tax hike, discover the full industry breakdown.
Budget delivers racing tax win in gambling shake-up
UK racing secures major budget victory as government targets gaming profits instead of betting duty. The sport avoids £66m annual hit while high-frequency gaming faces tax hikes.
Chauncey Billups pleads not guilty in gambling case
Portland Trail Blazers coach Chauncey Billups pleads not guilty in federal court over alleged $7 million illegal gambling scheme. Read the latest developments.
Gambling firms spent £2bn on ads amid tax debate
British gambling companies spent £2bn on advertising last year, exceeding tax revenues and sparking calls for Chancellor Rachel Reeves to increase gambling duties in the upcoming budget.
NCAA reverses gambling ban after NBA scandal
The NCAA has overturned its ban on college athletes betting on professional sports following an NBA mafia-linked gambling scandal. Discover how Division-I schools voted.
New Jersey iGaming Revenue Hits Record $260m
New Jersey's gambling market surges 22.3% year-on-year, with iGaming leading an unprecedented revenue boom. Discover the record-breaking figures.
Australia delays gambling ad ban decision amid pressure
Crossbenchers urge Albanese government to implement full gambling advertising ban as decision faces further delays. Read the latest developments on this critical policy.
MLB to comply with Senate gambling investigation
Major League Baseball pledges full cooperation with a US Senate committee's request for documents on gambling probes. Commissioner Rob Manfred announces new $200 betting caps on individual pitches.
Reeves Plans £20-30bn Tax Rise in November Budget
Chancellor Rachel Reeves abandons income tax rise but targets £20-30bn through threshold freezes, EV charges & gambling taxes. Full budget breakdown inside.
Online Gambling Boom: Risks and Safeguards Explained
As online gambling surges, 14% of US adults now bet on sports. Learn the risks, warning signs of addiction, and how to use responsible gambling tools to protect your finances.
Thailand extradites Chinese gambling suspect to China
Thailand extradites a Chinese man accused of running over 200 illegal online gambling sites. The move signals a major step in a joint crackdown on cybercrime and scam centres in Southeast Asia.
Reeves declares war on betting tax loopholes
Labour's first major economic move targets betting industry tax loopholes, promising to level the playing field for high street businesses and generate millions for public services.
MPs urge gambling tax hike despite industry warnings
Cross-party committee challenges Treasury to increase betting levy despite industry claims it would harm jobs and investment, arguing current rates fail to reflect societal costs.
Reeves pressured to tax betting giants in budget
Exclusive: Labour Chancellor urged to target gambling industry windfall profits with new tax hike in upcoming budget amid cost of living crisis.
Ex-NBA Star Damon Jones in Court Over Gambling Charges
Ex-Cleveland Cavaliers guard Damon Jones appears for arraignment on serious gambling charges that could carry up to 10 years imprisonment, as sports betting controversy rocks basketball world.
Gambling tax could rescue 75,000 children from poverty
Exclusive analysis reveals how redirecting gambling levy funds could transform lives amid Britain's growing poverty crisis, as benefit caps push families to breaking point.
Melbourne Cup Betting Defies Economic Pressures
Despite cost-of-living pressures and growing ethical concerns, Australians continue to embrace Melbourne Cup betting traditions, with the 'race that stops a nation' showing remarkable resilience in the gambling market.
Reeves plans 'death tax' hikes and stealth Budget levies
Chancellor Rachel Reeves is preparing a blizzard of tax increases targeting wealthy estates and middle earners, with inheritance tax reforms and capital gains adjustments on the table. Meanwhile, horse racing escapes gambling reforms in what critics call
NBA Stars in Gambling Probe: Mafia Links Investigated
Exclusive: Miami Heat guard Terry Rozier and coaching legend Chauncey Billups embroiled in federal investigation into illegal gambling ring with alleged mafia connections. Shocking details emerge about NBA wages being used in underground betting operation
Budget gambling tax warning could wipe out horse racing
Exclusive: Racing industry leaders sound alarm over potential betting levy reforms in upcoming budget that could devastate prize money and threaten thousands of jobs across British horseracing.
Apple Pay Casinos Revolutionise UK Mobile Gambling
Discover how Apple Pay is transforming the UK's online casino landscape with instant deposits, enhanced security, and exclusive bonuses for British players.
Student at heart of NBA gambling scandal involving celebrities
Exclusive investigation reveals how USC student Sophia Wei became entangled in a high-profile NBA betting ring involving millions, with connections to celebrities including Kevin Hart and Drake.
NBA's Gambling Mafia Scandal: Urgent Memo Warns Teams
The NBA has sent an urgent warning to all teams about sophisticated gambling syndicates with alleged organised crime links attempting to infiltrate the league, raising alarm bells about potential match-fixing and corruption.
Page 1 of 4