The UK government plans to increase the betting tax by 138%.

Tax Situation on Betting in the UK

Today The Sun urges Finance Minister Rachel Reeves to reconsider plans that could negatively impact millions of British players. Due to changes in the budget, the government may increase betting taxes by up to 138 PERCENT.This step threatens the closure of hundreds of local betting shops and the loss of thousands of jobs.

“Save our Bets”

The current situation surrounding the increase in betting taxes has sparked outrage among industry representatives and players. If such measures are implemented, it could seriously undermine the betting market and harm local economies, where betting shops are an important part of the social and economic infrastructure. Players and entrepreneurs hope that the government will take their concerns into account and find alternative ways to replenish the budget.