Gambling: Excise Duties
The question
To ask the Secretary of State for Culture, Media and Sport, what assessment she has made of the potential impact of an increase in gambling levies on pools operators.
Answered by Stephanie Peacock
As set out in the government’s consultation response, the statutory gambling levy will be charged at a set rate for all holders of a Gambling Commission licence, ranging from 1.1% to 0.1% of Gross Gambling Yield (GGY). Remote and non-remote pool betting operators will be charged the levy at the lowest rate of 0.1%. We will conduct a formal review of the statutory levy system within five years where the structure and effectiveness of the system, including levy rates, will be assessed and any necessary adjustments made to ensure we are achieving our objectives and impacts are proportionate.
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