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The Labour government's higher taxing of High Street bookmakers to fund...
The Labour government's higher taxing of High Street bookmakers to fund...
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Replies: 113
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Shawfield was a decent running track Malay , was deinately a lively atmosphere the night I went ,when spy won the derby .Location wasnt bad could jump a cab for a few quid from Glasgow
Current running track Central park , I hear big things are in the Pipeline , will they bid for the Derby in years to Come , 6000 Capacity , I didnt know that Would be a brilliant track for the Derby if thay can upgrade facilities ,People were Going on about location , dont think that would be an Issue |
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Sorry Dog post some how appeared here
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High street bookies must stop bleating. A higher tax on fobt - make no mistake high street bookies are custodians of fobt - is long overdue and wholly justified. The introduction and proliferation of fobt are directly reflected in the growth of problem gambling and addiction.
The bookies know this, and are unwilling and unable to defend publicly eg in a debate on terrestrial tv this socially detrimental activity; fobt should be policed and subject to a casino-like licence and governance. |
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Any higher Taxes there will be no shops , Ronnie is on the front line he knows how bad things are . There is no one in most of these shops a Few punters and a couple of machine players at most
Handy if out and you need to take a leak ,everyone has a casino and bookmakers in their pockets , Only real punters trying to get on earlies as unable to do so online, or dog Arbers if they are still at it , , no sure thats the main business the shops want , very few shops will survive another few years |
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When addicts were betting £100 a spin on the roulette, they only wanted a few punters and a couple of machine players.
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The high street bookies are past their use-by-date as bookmakers. They are almost entirely fobt custodians, and most of their profits come from fobt. Their high street shops are just a front, and a cheap and quick access to assured fobt profits. Most will close with a few remaining to maintain exposure.
I think the bookies will try to save on media rights and paraphernalia eg racing papers for horseracing and greyhound, football coupons, etc, by closing most of their high street shops. Then probably reopening a few purely for fobt utilising the same betting / gaming licence. |
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5 - 10 years they will be a den for undesirables clipping and shaving,probably serving repulsive food the hog wouldn’t eat tbh….
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I think any empty shops in a high street could be used by young entrepreneurs to showcase their expertise eg arts and crafts, etc. Some shops could be shared between two or more small traders eg an artisan baker, barista, amateur cook, etc, by offering a low or subsidised rent. It could also provide a training ground for the otherwise unemployed youngsters, and an outlet for pensioners.
The present bookie shops are not conducive for punters or society in general. They are a breeding ground for fobt addicts. |
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Racheal from accounts is changing rates relief next April
In pratice stables will pay more in BUSINESS RATES Less hosses in training More likely  |
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Flutter issue warnings
and then start crowing Jackson said Flutter had delivered a "solid" third quarter, with "continued momentum" in both the US and the company's international businesses. He added: "We are the clear number one operator in the US, and we will continue to build on that position to drive future profitability. "Our strategic investments, including the launch of FanDuel Predicts and recent international acquisitions, position us exceptionally well to capture new opportunities and deliver sustainable, profitable growth. "Our diversified portfolio and disciplined approach give me great confidence in our ability to lead the industry and increase long-term value for shareholders." ...and they're off.. https://www.racingpost.com/news/britain/flutter-chief-warns-significant-tax-increases-will-threaten-jobs-and-drive-customers-to-black-market-as8po4s4AXdL/ |
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licence to print money with access to all those yank mugs.
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Phone in now on radio two
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Great article in Sunday's Racing Post ! If the government are intent in increasing the Gaming Levy by 5%, I personally believe it will have grave consequences for the funding of horse racing ! Notwithstanding, a significant reduction in all things racing, particuarly stable staff !
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The bookies and Horse Racing would be more than happy with a 5% increase but that comment proves you have not a clue about what is being talked about Halcyon!!
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Government plans to increase taxes on high street bookmakers are predicted by the industry to lead to widespread shop closures, significant job losses, a boost to the illegal black market, and reduced funding for sports like horse racing.
Repercussions for the Industry and Economy Shop Closures and Job Losses: Major bookmakers, including Betfred and William Hill's owner Evoke, have warned that a significant tax hike (potentially to 35-40% from the current 15%) would make their high street operations unprofitable, forcing the closure of hundreds, or even thousands, of shops. The Betting and Gaming Council (BGC) estimates that over 40,000 jobs across the industry could be at risk. Boost to the Illegal Black Market: Industry stakeholders argue that higher taxes will force operators to offer worse odds and fewer promotions, making the regulated market less attractive to consumers. This could drive bettors towards unregulated, offshore operators who pay no UK tax and offer no safer gambling protections, which industry figures suggest has nearly tripled in size in recent years. Reduced Government Revenue (Net): While a tax increase aims to boost public finances, analysis by EY for the BGC suggests that when lost corporation tax, National Insurance contributions, and employment are accounted for, the Treasury's net gain might be substantially lower than initial estimates, potentially falling below £500 million. Impact on High Streets: The closure of betting shops would add to the decline of high streets already struggling with retail vacancies, reducing footfall and impacting other local businesses. Wider Societal and Sporting Impacts Harm to Sports Sponsorship and Funding: The bookmaking industry is a major source of funding for British sports, particularly horse racing, through media rights and the statutory levy. The British Horseracing Authority (BHA) estimates the sport could lose hundreds of millions of pounds over five years if bookmaker funding is cut, threatening jobs in racing and related industries. Threat to Safer Gambling Initiatives: Funding for research, prevention, and treatment of gambling disorders comes from the industry via a statutory levy. If operators' profits and customer spending fall, this essential funding for mental health services and harm prevention could also be at risk. Counterarguments Some parliamentarians and think tanks, such as the Institute for Public Policy Research (IPPR), are skeptical of the industry's warnings, labelling them as "scaremongering". They argue the industry, particularly the highly profitable online sector, is currently undertaxed and should contribute more to cover the social costs of gambling harm. How a gambling tax hike could wipe out UK high street ... 4 Nov 2025 — Quarterly updates from Entain – with over 2,000 stores across its Ladbrokes and Coral brands – have repeatedly described... igamingbusiness.com Betfred says all its shops may close if Reeves hikes gambling ... 18 Oct 2025 — Betting companies have resisted calls for taxes to rise. Up to 200 William Hill retail outlets could close if the indus... BBC· 0:47 Fred Done warns all Betfred shops may close with ... - Racing Post 18 Oct 2025 — Fred Done warns all Betfred shops may close with 7,500 jobs at risk if gambling taxes hiked * What have Betfred said? D... Racing Post |
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CagliariG... you are quite correct, selling off some stocks, got my percentage's wrong !
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Someone told me that Billy was selling £40 Gift vouchers to use on Vegas wheels?
Get a tenner bonus if you purchase? Ho Ho Ho if that's the case, it should be outlawed. |
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Shut the lot! Only reapply for those interested otherwise stay out for good; their absence will not be missed for sure. Most are a blight on the high street landscape, and society.
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Looks like income tax isn't going up although there's talk of lowering the threshold's, looks like the bookies tax will definitely be needed now could be a big increase.
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Hopefully the machines will be hit Hard with tax. Finally. But lets see!
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I would tax them at 60% myself.
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I'd too. I think 60% and above is fair, why? The overheads and software costs are fixed irrespective of the costs of feed, transport, vet, etc, which are relative to the economic climate. Also, fobt produces nothing tangible eg no prizes / no trophies, etc. It's also skill-less, but merely a game of chance. As such, a pure gamble like roulette. Hence, fobt should only be housed in casinos.
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VWD Impossible, you get the prize for the most incomprehensible post of the year and given your previous it must have taken extra effort from you.
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How many Couples do you know have More than two Children , How many young couples today would plan to have more than two children ?
extra ''family allowance'' for two plus child families , Who are all these families ? |
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We have 4 million on the Social not required to look for Work ,I wonder how many of them are in the Plus Size family bracket ?
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There are some families who have lotsa children
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25,000 Peoples jobs in Jeopardy to Fund non workers having Children
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I dont know too many Busy , I think a quick at Staistics will show why
If people cannot afford to have children they have no right to expect others to provide funds |
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I agree nanny and take it a stage further, namely why should I as a tax payer finance child care for parents who both want to and do work. I don’t care how embedded it is now in our collective thinking I abhor it. Women should bring up their own bairns or stop whingeing about the costs of nursery/child care.
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Me too. I just hope they can cut spending in areas that don't effect me and only impact on other people, especially young people.
Cut spending on nurseries, schools, higher education, further education, maternity wards, paediatrics, premature baby wards, subsidised child-care, etc. They need to keep all their focus on maintaining the Triple Lock, not taxing my rental income or my investment income. Stop building in case it impacts the value of my house and my rental portfolio. Increase spending on the state pension, adult social care and recruiting more carers, audiologists & opticians, opening more hip-replacement operating theatres and training more geriatricians. |
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Very drole. Give yourself a pat on the back.
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The man that comes in to pat my back won't be here until 7pm
 The service has gone right down hill under Labour - I'm seriously thinking about going private. |
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I suppose your happy with 25 % of of 16-24 year olds Sitting around doing sweet FA TM ?
Most of the people reliant on the triple lock will have worked most of their lives , they still receive the lowest pension in Europe , with the age to Qualify raising this country has been destroyed TM |
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the old nanny ;-)14 Nov 25 18:18Joined: 10 Dec 01 | Topic/replies: 11,966 | Blogger: the old nanny ;-)'s blog
I suppose your happy with 25 % of of 16-24 year olds Sitting around doing sweet FA TM ? Are you aware of the % "economically inactive" for 40-65 year olds? Can't fathom people of my own generation that have lived through times (on the whole) of such immense opportunity (and on the whole) squandered it and messed it up so badly for the future - then suddenly blaming everything that's wrong in the world on "the youth of today". I find it ironic in the extreme. |