© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

Revealed: betting giants lobbied UK government over proposed crackdown

Documents show gambling firms warned Treasury officials against tightening up industry laws

Some of Britain’s betting giants are revealed to have quietly lobbied Treasury officials against a proposed industry crackdown, claiming it will cost millions of pounds in lost tax receipts.

Executives representing Bet365, Paddy Power and Ladbrokes met officials from the Treasury and Revenue and Customs, warning a radical overhaul of the industry could drive gamblers to the black market. The meeting was with tax officials rather than ministers and was therefore not required to be automatically disclosed.

Continue reading…

Related posts

Poland plans military training for every adult male amid growing European security fears

AEA3

Offshore loot: how notorious dealer used trusts to hoard Khmer treasures

AEA3

Sunak, Braverman and City regulator wade into Farage banking row

AEA3

Pin It on Pinterest

Share This