New Posts For Thread: Taxation on gambling to raise £1.1 billion>>>>>>https://community.betfair.com/horse_racing/go/thread/view/94102/31889599/taxation-on-gambling-to-raise-11-billionThat is the figure released by mistake by the OBR, no breakdown as to where the rises will hit but sure to give the bookies and Racing a headache.This was a political decision. The Labour Party without the support of the majority of the foreigners and state-spongers will be history. This latest budget to increase spending on welfare, but not on capital expenditure to increase gdp could be Ms Rhttps://community.betfair.com/horse_racing/go/thread/view/94102/31889599/taxation-on-gambling-to-raise-11-billion?post_id=565101619#565101619This was a political decision. The Labour Party without the support of the majority of the foreigners and state-spongers will be history. This latest budget to increase spending on welfare, but not on capital expenditure to increase gdp could be Ms RFri, 28 Nov 2025 12:01:30 -0600her daughter in the picture has very few teeth so looks like sweets have been in good supplyhttps://community.betfair.com/horse_racing/go/thread/view/94102/31889599/taxation-on-gambling-to-raise-11-billion?post_id=565101433#565101433her daughter in the picture has very few teeth so looks like sweets have been in good supplyFri, 28 Nov 2025 09:44:17 -0600Some of these parents should provide receipts for every penny they spend, then we'll see how much the kids get. My experience is: I see these parents (around my door) getting takeaways, having barbacues in the garden, smoking, drinking, getting tatohttps://community.betfair.com/horse_racing/go/thread/view/94102/31889599/taxation-on-gambling-to-raise-11-billion?post_id=565101419#565101419Some of these parents should provide receipts for every penny they spend, then we'll see how much the kids get. My experience is: I see these parents (around my door) getting takeaways, having barbacues in the garden, smoking, drinking, getting tatoFri, 28 Nov 2025 09:40:13 -0600The raising of the 2-child cap was solely to take more kids out of the poverty line. This is possibly an indicator to not punish the children for the injudicious decisions of the parents. What next a 3-child cap/It's especially impressive when you cohttps://community.betfair.com/horse_racing/go/thread/view/94102/31889599/taxation-on-gambling-to-raise-11-billion?post_id=565101405#565101405The raising of the 2-child cap was solely to take more kids out of the poverty line. This is possibly an indicator to not punish the children for the injudicious decisions of the parents. What next a 3-child cap/It's especially impressive when you coFri, 28 Nov 2025 09:31:18 -0600How does racing think that this is a victory, the books are furious that racing went it alone, this notion that once things have died down racing and the books will be able to come together and the books will once agan embrace and promote racing is fhttps://community.betfair.com/horse_racing/go/thread/view/94102/31889599/taxation-on-gambling-to-raise-11-billion?post_id=565101383#565101383How does racing think that this is a victory, the books are furious that racing went it alone, this notion that once things have died down racing and the books will be able to come together and the books will once agan embrace and promote racing is fFri, 28 Nov 2025 09:22:28 -0600The raising of the 2-child cap was solely to take more kids out of the poverty line. This is possibly an indicator to not punish the children for the injudicious decisions of the parents. What next a 3-child cap/https://community.betfair.com/horse_racing/go/thread/view/94102/31889599/taxation-on-gambling-to-raise-11-billion?post_id=565101355#565101355The raising of the 2-child cap was solely to take more kids out of the poverty line. This is possibly an indicator to not punish the children for the injudicious decisions of the parents. What next a 3-child cap/Fri, 28 Nov 2025 09:13:51 -0600And the reason to increase tax on bookmakers is to remove the 2 child cap.I ask all working people is this fair:Mum of five to get £2,770 a month in benefits thanks to Labour's Budgethttps://www.msn.com/en-gb/health/other/mum-of-five-to-get-2-770-a-https://community.betfair.com/horse_racing/go/thread/view/94102/31889599/taxation-on-gambling-to-raise-11-billion?post_id=565101321#565101321And the reason to increase tax on bookmakers is to remove the 2 child cap.I ask all working people is this fair:Mum of five to get £2,770 a month in benefits thanks to Labour's Budgethttps://www.msn.com/en-gb/health/other/mum-of-five-to-get-2-770-a-Fri, 28 Nov 2025 09:01:57 -0600Online bookmaking must be profitable if startups are making millions in competition with the established operators. Will the startups be the first to leave the industry? So long as the exchange operates, I will be happy as I never use anything else.https://community.betfair.com/horse_racing/go/thread/view/94102/31889599/taxation-on-gambling-to-raise-11-billion?post_id=565100723#565100723Online bookmaking must be profitable if startups are making millions in competition with the established operators. Will the startups be the first to leave the industry? So long as the exchange operates, I will be happy as I never use anything else.Fri, 28 Nov 2025 03:02:50 -0600Bookies are more addicted to slots than the blokes you see rattling outside c0rals at 8:55amhttps://community.betfair.com/horse_racing/go/thread/view/94102/31889599/taxation-on-gambling-to-raise-11-billion?post_id=565100159#565100159Bookies are more addicted to slots than the blokes you see rattling outside c0rals at 8:55amThu, 27 Nov 2025 11:21:30 -0600oops, got me math wrong Assuming the online model gets 75% of its profit fom casino type games and 25% from horse (say 60% is that) and sports betting (the remaining 40%) then for every £100 total profit:The original casino tax was £15.75, now goinhttps://community.betfair.com/horse_racing/go/thread/view/94102/31889599/taxation-on-gambling-to-raise-11-billion?post_id=565099843#565099843oops, got me math wrong Assuming the online model gets 75% of its profit fom casino type games and 25% from horse (say 60% is that) and sports betting (the remaining 40%) then for every £100 total profit:The original casino tax was £15.75, now goinThu, 27 Nov 2025 09:02:05 -0600