Online betting firms will have to hand over 1 per cent of their profits, while traditional bookmakers and casinos will pay 0.4 per cent.
Online betting firms will have to hand over 1% of their profits under new rulesThe gambling industry will be forced to pay as much as £100million a year towards addiction treatment and research under Government plans announced today.
Gambling minister Stuart Andrew said that they are working to implement 'bold plans for reform' because they know gambling addictions 'devastate lives' Gambling minister Stuart Andrew said: 'We know that gambling addiction can devastate lives, which is why we are working quickly to implement our bold plans for reform.
'Gambling firms should always pay their fair share and this new statutory levy will ensure that they are legally required to do just that.'
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pub warns customers about £100 three-hour parking fine in car parkThe Brindley Farm boozer put the the parking rules in place at their camera controlled car park 18 months ago.
Read more »
Wiltshire Council to tackle catapults and public drinkingA council is proposing a £100 fine to tackle anti-social behaviour in Salisbury.
Read more »
Highly rated air purifier that 'destroys allergies' now £25 off on AmazonA highly-rated air purifier that is capable of helping those with dust allergies is currently on sale on Amazon now, down to under £100.
Read more »
Incredible £100m hobby late Queen loved – but Charles doesn't share her passionUnlike his late mother, Queen Elizabeth II, King Charles does not share his ancestors love of stamps, with the royal family's collection valued at a whopping £100 million
Read more »
Sandro Tonali returns to training at Newcastle amid police probe into illegal betting and ban fears...After Newcastle's Champions League heroics against PSG, Simon Jordan has double downed on his opinion that Eddie Howe won't be the man to lead the Magpies to 'big trophies', similar to Mark Hughes at Manchester City.
Read more »
College football best bets for Week 8: Can LSU’s defense cover a big spread against the option?Austin Mock's college football projection model has identified nine spreads worth betting on this week.
Read more »