Budget: Growing concern gambling tax could impact hospitality Sport Business There is growing concern that the potential gambling tax levied by Rachel Reeves and the Treasury could have a knock on effect into the hospitality industry. A levy that would see bookies forced to pay a hiked tax sum, to bring them in line with online casinos and gaming sites, could be catastrophic for sports [...]
New greyhound racing stadium offers hope of sporting revival Sport Business A new greyhound stadium in Wolverhampton has sparked hopes of a revival of the pastime despite track closures across the country. It was announced in March that greyhound racing will cease in Swindon at the end of the year, with Romford the sole arena in greater London following the closure of Crayford in January. The [...]
Tories: Labour desperate to use bookies tax to bail out Rachel Reeves Sport Business Shadow sport and gambling minister Louie French has ripped into the Government over its plans for gambling taxes so soon after a sector white paper, describing them as a threat to bookies and horseracing. The Conservative MP for Old Bexley and Sidcup said Labour were “desperate” to find “easy tax rises to bail out Rachel [...]