UK gambling firms make £1bn extra from punters amid calls for tax rises

Companies made £12.6bn in 12 months to March, with 15% rise in winnings from online casino playersBusiness live – latest updatesThe UK gambling sector won an extra £1bn from punters in the year to March, according to new data expected to buoy calls for the chancellor to raise betting taxes in Wednesday’s budget.Betting companies made £12.6bn from services excluding lotteries in latest 12-month reporting period, the Gambling Commission revealed on Tuesday, marking a 9.3% rise on the £11.5bn the industry won during the previous year. Continue reading...