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

Betting companies made £12.6bn in 12 months to March, with 15% rise in takings from online casino playersBusiness live – latest updatesThe UK gambling sector made 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 the latest 12-month reporting period, the Gambling Commission revealed on Tuesday, a 9.3% rise on the £11.5bn the industry made during the previous year. Continue reading...