UK Government Considers Gambling Tax Hike

2026-10-06

The UK government is reportedly considering a significant increase in gambling duties as part of its upcoming budget. The proposal aims to generate substantial additional revenue but faces opposition from the industry.

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The UK Treasury is reportedly considering a substantial increase in duties on slot machines as part of its upcoming budget to generate additional revenue. The gambling industry is opposing this move, warning of potential business closures and job losses.

Key facts

The UK Treasury is considering increasing duties on slot machines.
This potential tax hike could raise an estimated £460 million annually.
The gambling industry is lobbying against doubling the current slot machine duty.
Industry representatives have warned of potential betting shop closures and job losses.
The precise impact on employment and business operations is a subject of debate.

Source: Guardian · Tech policy

Reported by VERA Newswire.