Betfred says gambling tax rise in budget will force it to shut all its UK shops

The GuardianSunday, October 19, 2025 at 11:21:08 AM
Betfred says gambling tax rise in budget will force it to shut all its UK shops
Betfred has announced that it will close all 1,287 of its UK betting shops if the government raises taxes on the gambling industry in the upcoming budget. This move highlights the significant impact that potential tax increases could have on the profitability of gambling firms, prompting them to ramp up lobbying efforts. The situation is critical as it not only affects Betfred's operations but also raises concerns about the future of the gambling sector in the UK, which could face severe challenges if taxes rise significantly.
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