2020_11_betinvest.gif
2020_11_betinvest.gif
2020_11_betinvest.gif
CLOSE
× Gambling News In-Depth iGaming Calendar Connections GI Friday Trafficology GI Magazine GGA 2020 AffiliateCon
NEWS 25 March 2020

UK Government makes U-turn on business rate holiday exclusion

By Owain Flanders

In a complete U-turn on its decision last week, the UK Government has announced it will include the gambling industry in its 12-month 100% business rate holiday during the COVID-19 crisis.

Last week, the Chancellor of the Exchequer announced the Government would be providing a business rate holiday for “every single shop, pub, theatre, music venue and restaurant and any other business in the retail, hospitality or leisure sector.”

The relief excluded the gambling sector, however, with bingo halls, betting shops and casinos classified as ‘financial services.’

This prompted the British Gaming Council (BGC) to condemn the decision in an open letter to the Chancellor.

The UK Government has since changed the ruling to include the gambling industry within the ‘leisure sector’ - qualifying it for the rates holiday.

In response to the decision, Michael Dugher, BGC CEO, said: “On top of the help on employment, extending help on business rates to all businesses that have had to shut down is another much-needed shot in the arm, which will help to protect tens of thousands of jobs.

“Our industry will in turn do its absolute upmost to help with the fight against the virus and play our part in this historic national effort, including offering up staff and premises to help.”

RELATED TAGS: Land-Based | Industry | Sports Betting | Casino
2020_9_relax.gif
GI FRIDAY: WEEKLY NEWSLETTER
THE GI HUDDLE PODCAST
NEW! #006 - LISTEN NOW
Gaming Industry Conferences (22:37)
#005 - LISTEN NOW
The role of gambling media (27:11)
#004 - LISTEN NOW
What is the role of a Gambling regulator? (29:09)
#003
The Future of Gambling Sponsorship in Sport (30:50)
MUST READ
IN-DEPTH 16 March 2020
Is there an ideal RTP rate?
READ MORE
PREMIUM CONNECTIONS
Systems and Software
Efbet
VIEW PROFILE
PR and Marketing
ActiveWins
VIEW PROFILE
Systems and Software
BBIN
VIEW PROFILE
Affiliate
1xPartners
VIEW PROFILE
Systems and Software
Newgioco Group
VIEW PROFILE
Payments
Zimpler
VIEW PROFILE
Legal and Jurisdictions
Digital Isle of Man
VIEW PROFILE
Systems and Software
BetConstruct
VIEW PROFILE
Industry Awards
Global Gaming Awards
VIEW PROFILE
Systems and Software
NSoft
VIEW PROFILE