TheBitCast

UK Gambling Braces for Budget Tax Decisions as Flutter Cuts 1,400 Jobs | Ep. 886

Podcast: iGaming Daily · SBC Media

Opublikowano: 2026-10-22

In today’s episode of iGaming Daily, host Fernando Noodt is joined by Ted Orme-Claye, and Joe Streeter discuss potential UK gambling tax increases ahead of the autumn budget and how rising costs threaten retail betting and industry jobs. Key Points Potential Tax Hike: Reports suggest Machine Games Duty (MGD) could rise from 20% to 25%.Scrutiny on Tax Data: Reports from Guido Fawkes questioned the evidence behind campaign calls for a 40% tax rate.Job Cuts Confirmed: Flutter Entertainment announced 1,400 redundancies in the UK and Ireland due to existing tax burdens.Threat to Horse Racing: Higher taxes and sh...