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High street ‘slot farms’ could evade budget tax rise through bingo hall loophole

Source: World news | The Guardian · Published

High street ‘slot farms’ could evade budget tax rise through bingo hall loophole
Source: World news | The Guardian

Hundreds of adult gaming centres in England have bingo licences that still qualify them for discounted business rates Hundreds of high street “ slot farms ” could continue claiming a discount on their business rates, unless the government closes a loophole that allows them to pos

Hundreds of adult gaming centres in England have bingo licences that still qualify them for discounted business rates Hundreds of high street “ slot farms ” could continue claiming a discount on their business rates, unless the government closes a loophole that allows them to pose as bingo halls. John Healey singled out adult gaming centres (AGCs) in his first budget this week, in which he increased duty on slot machine takings from 20% to 25%, claiming he was “raising taxes on gambling to support good growth on every high street”. Continue reading...

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