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UK Gambling Industry Braces for Deeper Fallout as 40% Remote Gaming Duty Begins Reshaping Market Economics
Six weeks after the United Kingdom implemented a dramatic increase in Remote Gaming Duty, doubling the tax rate from 21 per cent to 40 per cent, the immediate financial fallout feared across the gambling sector has yet to become fully visible in public earnings reports. Major operators have acknowledged the pressure created by the tax hike, but the industry has so far avoided the kind of sharp market shock many analysts initially anticipated. Entain adopted a cautious stance
May 209 min read
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