UK increases tax on fixed odds betting terminals

22 Mar 2014

LONDON, England -- The budget may have given good news to Britain's bingo halls, but the government has raised taxes on Fixed Odds Betting Terminals, The Guardian reported.

Tax has been raised from 25 percent an increase from 20 percent, the report said.

As a result of the news, high street bookmakers saw their shares fall somewhat, according to The Guardian report.

Casino City is an independent directory and information service free of any gaming operator's control. Warning: You must ensure you meet all age and other regulatory requirements before entering a casino or placing a wager. There are hundreds of jurisdictions in the world with Internet access and hundreds of different games and gambling opportunities available on the Internet. Do not assume that Internet gaming sites are in compliance with the rules and regulations of every jurisdiction from which they accept players. YOU are responsible for determining if it is legal for YOU to play any particular game or place any particular wager under the laws of the jurisdiction where you are located. Please gamble responsibly.

Language: Any Language Location: Currency: > edit my preferences Home Online Slots Live Dealer Games Online Casinos Online Poker Online Bingo Games Lotteries Sports & Racebooks Fantasy Sports Forex Betting Exchanges Spread Betting Binary Options Exclusive Bonuses Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions		Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW! View the current issue
	UK increases tax on fixed odds betting terminals 22 Mar 2014 LONDON, England -- The budget may have given good news to Britain's bingo halls, but the government has raised taxes on Fixed Odds Betting Terminals, The Guardian reported. Tax has been raised from 25 percent an increase from 20 percent, the report said. As a result of the news, high street bookmakers saw their shares fall somewhat, according to The Guardian report.