As budget day looms, could more sporting sponsorships be at risk?

With a rise in Machine Games Duty being forecast, gambling operators could follow in the footsteps of Betfred and Entain by cutting partnership ties with major events However, with gambling taxes on the rise , that relationship is under strain. If operators are having to spend more on tax, could sport ultimately pay the price, with funds previously put aside for sponsorship being redirected elsewhere? Remote Gaming Duty (RGD) increased from 21% to 40% in April, while a new rate of General Betting Duty (GBD) at 25% will also come into effect next year.