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Regulated UK gambling industry generates £3bn in Duties for HMRC

1st May 2020 8:46 am GMT
SBTech

The UK government earned more than £3bn in betting and gaming duties last year from the regulated gambling industry according to the latest figures from HM Revenue and Customs.

Licenced operators paid a total of £3,028,046,000 in betting, gaming and lottery duty in 2019, an increase of 1.5 per cent on the prior year, despite a substantial fall in Machine Games Duty (MGD) following the reduction in maximum stakes from £100 per spin to £2 in [...]

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