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Flutter Chief Executive: UK's Increase in Gambling Tax Rate Will Ultimately Reduce Overall Tax Revenue

Flutter Chief Executive: UK's Increase in Gambling Tax Rate Will Ultimately Reduce Overall Tax Revenue

Peter Jackson, CEO of Flutter Entertainment, responded to ongoing speculation about a potential £3 billion ($3.92 billion) tax raid on the UK gambling industry. Over the weekend, reports emerged that two influential think tanks had proposed a tax on the gambling sector, with UK Chancellor Rachel Ree

0like·0comment2024-10-19
Industry sounds stark warning following report Treasury is considering gambling tax hike

Industry sounds stark warning following report Treasury is considering gambling tax hike

A hike in gambling tax rates in this month’s budget would cause serious harm to British racing’s finances and risk “derailing” the sport, ministers have been warned.The comments from racing and betting industry leaders came following a report in The Guardian which said Treasury officials are conside

0like·0comment2024-10-14
Regulus Partners' report calls for stricter measures against black market gambling operators.

Regulus Partners' report calls for stricter measures against black market gambling operators.

Consulting firm Regulus Partners released a new report at the Lisbon SBC Summit, calling for governments to take stronger measures against the increasingly rampant black market gambling operators. The report outlines a series of measures aimed at curbing unlicensed gambling activities, warning that

0like·0comment2024-09-30

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