Hike in gaming machine tax could put third of venues at risk, warns Rank
Key takeaway
Rank Group warns a proposed gaming machine tax hike could force closure of a third of its venues and affect 2,000 UK jobs.
- Step 1 · The triggera proposed increase in UK gaming machine taxes raises per-machine operating costs for Rank Group and peers
- Step 2 · Knock-onoperators unable to absorb the cost close venues, reducing their physical footprint and workforce
- Step 3 · Reaches yousuppliers, service providers, and landlords to gambling venues see reduced demand and increased payment risk
The trigger is reported by the source below. The steps that follow are Branch²’s traced reasoning — how the shock could reach a business like yours, not a prediction.
Source: The Independent Business
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