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    Home»News»Betting and Gaming Council strongly rejects IPPR findings on gambling tax hike
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    Betting and Gaming Council strongly rejects IPPR findings on gambling tax hike

    Editor Times FeaturedBy Editor Times FeaturedAugust 10, 2025No Comments3 Mins Read
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    The UK-based Betting and Gaming Council has launched a robust assertion rejecting the findings from a think-tank that urged the federal government to extend playing tax.

    The Institute for Public Coverage Analysis (IPPR) referred to as upon the federal government to significantly increase the tax as a method to scale back baby poverty.

    The report launched by the IPPR means that there are alternatives on the desk for the federal government to take away the two-child restrict and scrap the family profit caps. “These measures would price round £3 billion and, whereas we recognise there are fiscal constraints going through the federal government, there are alternatives on the desk proper now which might meet these prices and assist 1.6 million kids to dwell higher lives,” the IPPR stated.

    This comes as talks of playing reform have been rife in the UK over the previous few months.

    The think-tank went on to advocate growing distant gaming obligation from 21% to 50%, with machine video games obligation growing from 20% to 50% on operator revenue. In addition they proposed to extend the overall betting obligation from 15% to 25%.

    “We utterly reject the proposals,” states the Betting and Gaming Council

    Now, the Betting and Gaming Council has issued a statement primarily based on these proposals, which they are saying they ‘utterly reject.’

    There's been a whole lot of discuss within the media this morning about tax.
    We’re unequivocal that additional taxes will harm punters and companies.
    See our full assertion under. ⬇ pic.twitter.com/aLaarLNy53

    — Betting and Gaming Council (@BetGameCouncil) August 7, 2025

    “We utterly reject the proposals by the IPPR, which Gordon Brown has primarily based his requires a drastic tax hike on, and which can solely hit extraordinary punters,” the BGC states.

    “These proposals are economically reckless, factually deceptive, and threat driving large numbers to the rising, unsafe, unregulated playing black market, which doesn’t defend customers and contributes zero tax.”

    Gordon Brown is a former British Prime Minister and long-time Chancellor who took to social media on August 6 to counsel it’s “time to tax the extremely worthwhile playing trade to pay for motion on baby poverty. Playing won’t construct a Britain for the long run however kids freed from poverty will.”

    “BGC members contribute £6.8bn to the economic system, generate £4bn in tax, whereas supporting 109,000 jobs,” the council continued.

    “It’s additionally incorrect to counsel horseracing is taxed at a higher rate. Common Betting Responsibility is 15 per cent throughout all sports activities. Conflating the separate Levy with tax is deceptive, because the Levy goes immediately again into racing to assist the game.

    “Additional tax rises, recent off the again of Authorities reforms which price the sector over a billion in misplaced income, would do extra hurt than good – for punters, jobs, development and public funds.”

    Featured Picture: AI-generated through Ideogram

    The submit Betting and Gaming Council strongly rejects IPPR findings on gambling tax hike appeared first on ReadWrite.





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