Am sure Betfairs premium charge hand may be forced if the High Street big 3 close down we may get more Volume but ar what Price quite worrying tbf
The Big Hill then what of the rest and BF
I came across this to my surprise, a cause by the last Budget https://youtu.be/Q8nevl-PLQU?si=plZhAfa82qIQEIJO
Am sure Betfairs premium charge hand may be forced if the High Street big 3 close down we may get more Volume but ar what Price quite worrying tbf
Am sure Betfairs premium charge hand may be forced if the High Street big 3 close down we may get more Volume but ar what Price quite worrying tbf
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ilovepizza82
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The 40% rate on online casino gaming is painful but manageable given higher margins.
The real damage is the jump in online betting duty from 15% to 25%. Because it’s charged on gross gambling revenue (stakes minus winnings), not profits, it effectively wipes out already thin margins and makes large parts of UK-facing online betting unviable.
This won’t kill gambling...I think, but for sure it will shrink UK operations, cut jobs, and push activity offshore rather than raise sustainable tax revenue.
The real damage is the jump in online betting duty from 15% to 25%. Because it’s charged on gross gambling revenue (stakes minus winnings), not profits, it effectively wipes out already thin margins and makes large parts of UK-facing online betting unviable.
This won’t kill gambling...I think, but for sure it will shrink UK operations, cut jobs, and push activity offshore rather than raise sustainable tax revenue.