The UK Treasury has ignored warnings that a tax increase on gambling could fail
09.03.2026 (09:01)
The UK Treasury has ignored warnings that a tax increase on gambling could fail
Recently released documents show that HM Treasury ignored warnings from the Department for Digital, Culture, Media & Sport (DCMS) regarding the impact of a significant tax increase on the UK gambling industry.
Three British newspapers - City A.M., The Sun and Racing Post - have published stories based on documents obtained through Freedom of Information (FOI) requests. These documents contain the concerns of DCMS representatives.
DCMS Key Warnings
Peter Jackson, CEO of Flutter, comments on the impact of the outlook markets on the company's business amid the stock slump.
Entain is considering expanding into the New Zealand market and is launching a new tax mitigation strategy in the UK.
A new report from Nationwide Building Society shows an increase in player activity in the UK, particularly among the highest spending users.
New bookmaker brand Bet St George has entered the UK market ahead of the Cheltenham Festival, despite a challenging environment for operators.
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