Gambling duty changes GOV UK

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This is a decrease of £151.8 million (14.9 percent) in GGY from the last pre-lockdown period. That’s a decrease of 85 (1.4 percent) on the previous period and 1,808 (17.8 percent) on the pre-lockdown period). Within off-course data, machines GGY increased by 0.7 percent to £1.2 billion during the last period which is also an increase of 14.6 percent from the latest pre-lockdown period. This is a 2.1 percent increase on the previous period end and a 29.4 percent increase on the last pre-lockdown period end. This reporting period saw an decrease in the number of new account registrations with Remote Casino, Betting and Bingo (RCBB) operators (down 3.0 percent to £37.3 million), in comparison to the latest pre-lockdown period, there is an increase by 24.8 percent. £461.5 million – Contributions to good causes from large society lotteries (April 2023 to March 2024)(9.4 percent increase on April 2022 to March 2023 and a 25.4 percent increase on the last pre-lockdown period of April 2019 to March 2020)

In response, some individuals could choose to gamble less, switch to alternative gambling activities or gamble through the illegal gambling market. The repeal of Bingo Duty supports lower risk activities and bingo clubs and simplifies the tax system by removing one of 7 gambling duties. The intention of the Remote Gaming Duty rate increase is to disincentivise gambling companies from pushing consumers towards what are considered more harmful products. Increasing gambling duties will raise over £1 billion per year to support the public finances and form part of our ambition to create a fair, modern and sustainable tax system.