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While this measure directly affects businesses, there may be indirect impacts to individuals who gamble if there is a negative change in betting odds. Where this date falls part-way through an accounting period, the increased rate will be charged only on the profits that arise between 1 April 2026 and the end of that accounting period. At Autumn Budget 2024, the government announced its intention to consult on reforms to the tax treatment of remote gambling, aiming to modernise and simplify the tax system. You may simply look for the biggest offer, or perhaps you prefer a bonus with no wagering requirements.
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This publication is primarily for anyone who has an involvement or interest in the gambling industry including government, licensed operators, trade bodies, international regulators, journalists, academic researchers, financial institutions, statisticians, consumers, and local authorities. The total funds held in customer accounts was at £896.3 million at the end of the reporting period. The number of active accounts went up 2.6 percent to £37.4 million and 24.1 percent from pre-lockdown. 2,262 – Gambling operators in the market (31 March 2024) (3.6 percent decrease on 31 March 2023 and a 12.3 percent decrease on the last pre-lockdown data at 31 March 2020) This report provides an overview of Gross Gambling Yield (GGY) made by licensed gambling operators from GB gambling customers for each customer-facing sector, along with the numbers of licensed operators and premises.
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