Rachel Reeves ‘missed opportunity’ to raise £900m from online casinos

Labour’s links to gambling industry questioned again after decision not to raise tax rate for online gamingRachel Reeves has been criticised over a “missed opportunity” to raise £900m from online casinos in her first budget as chancellor, amid concerns about the Labour party’s ties to the £11bn-a-year gambling sector.Both the Liberal Democrats and Derek Webb – one of Labour’s largest donors – questioned the chancellor’s rejection of proposals to double remote gaming duty (RGD), levied on online games of chance, from 21% to 42%. Continue reading…



Source link : https://www.theguardian.com/society/2024/nov/03/rachel-reeves-missed-opportunity-to-raise-900m-from-online-casinos

Author : Rob Davies

Publish date : 2024-11-03 17:26:55

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