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Gambling duty changes GOV UK
Adding a new remote betting rate into General Betting Duty will require changes to some IT systems at an estimated cost to HMRC of up to £1.9 million. However, online gambling is estimated to be the most common among the 25 to 34 age group. While this measure directly affects businesses, there may be indirect impacts to individuals who gamble if there is a negative change in betting odds. Remote betting on UK horse racing will be excluded from the new duty rate, as will any bets placed via self-service betting terminals on licenced premises, and these will instead remain chargeable at a rate of 15%. The new duty rate of 25% for remote betting will be chargeable on profits from remote betting from 1 April 2027 onwards. Bets placed via self-service betting terminals on licenced betting premises will not be treated as being placed remotely and will remain subject to the 15% rate for general bets.
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The General Betting Duty rates for general bets made in UK premises, horse and dog pool bets, financial spread bets and non-financial spread bets remain unchanged. Remote Gaming Duty applies to gaming over the internet, telephone, by television, radio, or any other electronic communications or other technology for facilitating communication. Remote gaming providers who are liable to account for Remote Gaming Duty. This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated.
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Obviously my winnings will be lost, but what happens to the money I deposited? As well as introducing measures to protect people from gambling related harm, the white paper package contains proposals that will support the land-based gambling industry to thrive. The Gambling Commission continues to refine its approach on the design to achieve the right balance between protections and freedoms. The Gambling Commission and the Government continue to listen to concerns from campaigners, the wider public, and both the gambling and horse racing industries as part of the consultation process on these checks.