Betfred says all its shops may close if Reeves hikes gambling tax

BBC NewsSunday, October 19, 2025 at 8:01:47 AM
Betfred says all its shops may close if Reeves hikes gambling tax
Betfred's co-founder has warned that the company may have to shut down all its shops if the government increases gambling taxes. This move could jeopardize around 7,500 jobs, highlighting the potential impact of tax policy on employment in the gambling sector. It's a significant concern for both the company and its employees, as the closure of shops would not only affect livelihoods but also the local economies where these shops operate.
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