Autumn statement raises prospect of increase in duties on remote gambling with consultation set to launch
Monday 27 de November 2023 / 12:00
⏱ 2 min read
(London).- The government has raised the prospect of the duties on both general betting and pool betting being increased in the autumn statement.
The document which accompanied Chancellor of the Exchequer Jeremy Hunt's statement in the House of Commons on Wednesday reveals the government is looking at the treatment of remote gambling in what could be a blow to the Tote and British racing more widely.
It is also more bad news for the gambling industry which is already having to deal with the impact of the government's gambling white paper published in April.
The autumn statement document said the government "will consult shortly on proposals to bring remote gambling (meaning gambling offered over the internet, telephone, TV and radio) into a single tax, rather than taxing it through a three-tax structure".
There are currently three types of duty on gambling – remote gaming duty, general betting duty and pool betting duty.
Since April 2019 duty on remote gaming – defined as playing a game of chance for a prize – has been charged at a rate of 21 per cent of an operator's profits from UK customers.
However, general betting duty, which covers general or pool bets on horse or dog racing whether in betting shops or online, spread bets and exchange bets, is charged at a rate of 15 per cent.
Pool betting duty, which is charged on bookmakers' profits from bets that are not at fixed odds and are not on horse or dog racing, is also set at 15 per cent.
The consultation raises the prospect of general betting and pool betting duty being increased to match remote gaming duty.
In what would appear to be good news for betting shops and on-course bookmakers, the consultation is set to cover just remote gambling.
It is understood that gambling industry representatives are seeking more clarity from the Treasury.
Categoría:Online Games
Tags: Sin tags
País: United Kingdom
Región: EMEA
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
APADELA and the Future of Sports Betting in Peru Following Regulation
(Lima, SoloAzar Exclusive).- During the Peru Gaming Show 2026, Gonzalo Rosell, President of the Peruvian Association of Online Sports Betting and Related Activities (APADELA), analyzed the current state of the Peruvian remote gaming and sports betting market following the implementation of the regulatory framework. In his presentation, “Current Situation of the Remote Gaming and Sports Betting Industry Post-Regulation in Peru,” the executive highlighted the tax challenges facing the formal industry and called for a review of the selective consumption tax.
Friday 10 Jul 2026 / 12:00
Beyond Compliance: New Challenges in Anti-Money Laundering for the Gaming Industry
(Lima, SoloAzar Exclusive).- At Peru Gaming Show (PGS) 2026, Carlos Hermoza Horna, Founder & Managing Partner at CompliLab Legal Latam, delivered a conference focused on how anti-money laundering (AML) compliance in the gaming sector must evolve beyond regulatory obligations. His presentation highlighted the growing sophistication of financial crime, the importance of technology, and the need to build a genuine compliance culture across gaming organizations.
Thursday 09 Jul 2026 / 12:00
Matías Magallón, CEO of ALPS after PGS 2026: "The industry's conversations are becoming more mature"
(Lima, SoloAzar Exclusive).- Following its participation at Peru Gaming Show 2026, ALPS CEO Matías Magallón discusses the company's objectives in Peru, the industry's evolving priorities and the opportunities emerging across Latin America.
Wednesday 08 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
