Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

UK budget reaction: Industry warns of jobs losses and shop closures

Picture: iGaming NEXT

Early forecasts from the Office for Budget Responsibility suggest the rise in Machine Games Duty will bring in an additional £0.1bn in tax in 2027-28 Several gambling operators and industry organisations have hit out at the government’s “deeply disappointing” decision to increase Machine Games Duty (MGD), warning it will likely lead to further job losses and push more people to the illegal market. As confirmed by Chancellor John Healey in yesterday’s (28 October) budget , MGD will rise to 25% on higher stakes machines.

You are reading an excerpt. iGaming NEXT wrote and owns the full article.

Continue reading at next.io

Related stories

More crypto casinos news

All Roobet & Crypto Casinos