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Tag Archives: Budget

UK – Bookies and bingo operators at odds over Budget

Whilst British bingo operators were celebrating following the latest Budget, the bookmaking industry was left facing a huge increase in taxation. The British treasury has increased taxes on Fixed-Odds Betting Terminals, slashing the shares of bookmakers, whilst halving gaming duty for Bingo to 10 per cent. Finance Minister George Osborne opted to increase FOBT tax…