By The Weekly Edge desk ·
Illegal gambling networks target self-excluded people in Britain, according to a BGC report covered by iGaming Future. Fincord estimates that the global illegal gambling market generated US$50bn in 2025.
The BGC report identifies illegal gambling networks targeting self-excluded people in Britain, highlighting a player-protection concern for regulators.
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Any change to machine gaming duty could affect Category B machine operators and the high streets where their venues operate.
The request concerns tax rates affecting betting shops and other businesses with category B machines.
The proposed ban could change how licensed gambling operators advertise in the UK.
The proposed 40% rate could expose betting shop operators to closures and job losses, according to the modelling cited by the BGC.
Fincord’s warning urges regulators to address expanding illegal gambling and cryptocurrency use through measures beyond website blocking.
The potential tax change could affect jobs and betting-shop and casino operations across the UK.