Entain Faces £25M Hit From UK Budget Gambling Tax Rise as Industry Warns of Job Losses

Entain faces an additional £25 million ($33 million) annual tax bill following a gambling duty increase announced in the UK government's budget on Wednesday (October 28). An increase in UK taxes could cost Entain £25 million ($33 million) per year. (Image: Shutterstock) Chancellor John Healey confirmed that Machine Games Duty (MGD) will rise from 20% to 25% from April 2027. The increase applies to machines with stakes exceeding £1 or prizes above £100. The Betting and Gaming Council (BGC) warned that the latest increase could put almost 9,000 jobs at risk.