Culture Secretary Lisa Nandy has said she wants the gambling industry to “thrive” amid rumours of a multi-billion pound “tax raid” on bookies. Earlier this week, gambling firms saw their shares tumble amid fears the Government is planning to double some of the taxes paid by online casinos and bookies in the forthcoming Budget. Ms Nandy said the Government are “committed to reviewing all of the available evidence” in order to strike the right balance between ensuring the gambling industry can “thrive” and supporting those suffering from problem gambling. Shadow culture minister Dr Luke Evans said rumours of increased taxes on the industry “threatened” business and jobs in gambling. “So could the Secretary of State clarify, does she support the industry, or does she support the Treasury?

Source: Express October 17, 2024 10:43 UTC