Labour’s First Budget Leaves UK Gambling Taxes Unchanged
The UK gambling industry recently faced concerns over a potential tax hike as the new Labour government prepared its first budget in 15 years. Speculation regarding an increase in gambling duties caused unease among operators, impacting stock performance. However, with the official budget release, the industry can now breathe a sigh of relief—no increase in gambling taxes was introduced.

Government’s Fiscal Strategy and Industry Impact
In an effort to address the £22 billion deficit, the Labour government outlined extensive tax increases across various sectors, aiming to raise £40 billion overall. Although some advocated for raising taxes on gambling, estimating it could yield an additional £3 billion annually, industry voices strongly opposed this move, emphasizing the potential harm to the market.
The British gambling sector is already navigating regulatory reforms and changes. Proponents from within the industry argued that an additional tax burden would not only disrupt market stability but could also drive players to unregulated platforms. Ultimately, the budget confirmed that gambling duties would remain unchanged.
BGC’s Response to Tax Decision
The British Betting and Gaming Council (BGC) responded positively to the government’s decision. Grainne Hurst, CEO of the BGC, expressed gratitude for the balanced approach taken by officials, who considered the industry’s concerns.
“We have been clear, any duty rises now would have hit customers, prevented growth, risked jobs and bolstered the unsafe, unregulated gambling black market. Government has listened to the BGC and our members, got the balance right, and rejected calls from anti-gambling prohibitionists seeking to threaten jobs and growth,” said Hurst.
She added that BGC members remain committed to supporting the government’s growth agenda by creating jobs, driving investment, and contributing to tax revenues.
Focus on National Insurance and Regulatory Reforms
While relieved by the absence of a gambling tax increase, the BGC intends to assess the impact of higher Employers’ National Insurance Contributions, particularly on small and independent operators. The organization also reiterated its commitment to implementing the Gambling Act reforms outlined in the white paper, which sets heightened standards for the sector.