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The Guardian // World // Europe

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

Sunday 3rd November 2024, 5:26PM

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...

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