Article 6RYPX Rachel Reeves ‘missed opportunity’ to raise £900m from online casinos

Rachel Reeves ‘missed opportunity’ to raise £900m from online casinos

by
Rob Davies
from World news | The Guardian on (#6RYPX)

Labour's links to gambling industry questioned again after decision not to raise tax rate for online gaming

Rachel Reeves has been criticised over a missed opportunity" to raise 900m from online casinos in her first budget as chancellor, amid concerns about the Labour party's ties to the 11bn-a-year gambling sector.

Both the Liberal Democrats and Derek Webb - one of Labour's largest donors - questioned the chancellor's rejection of proposals to double remote gaming duty (RGD), levied on online games of chance, from 21% to 42%.

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