December 12, 2025
New UK budget leak reveals biggest online gambling tax rise to date

An Office for Budget Responsibility (OBR) statement accidentally published ahead of schedule has revealed that Chancellor Rachel Reeves plans to raise the remote gaming duty rate to 40%, effective April 2026. Gambling stocks fell sharply as markets reacted to the unexpectedly steep tax hike. While industry observers had anticipated a top tax band of 30%-35%…
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