As known from:
  • Our Story
  • Our Crew
PlayersBest.com / Sunak Urged to Deliver a “Budget for Jobs” by Betting and Gaming Council
Contains commercial content

Sunak Urged to Deliver a “Budget for Jobs” by Betting and Gaming Council

Publish Date:29.10.2021

Chancellor of the Exchequer, Rishi Sunak, has been urged to deliver a “Budget for jobs” for the regulated gambling industry when he comes before the House of Commons. The call comes from Michael Dugher, the Chief Executive of the Betting and Gaming Council (BGC). 

Dugher used a report from earlier this year to highlight how the regulated gambling industry has helped to support the Treasury in recovering from the economic impact of the COVID-19 pandemic. This report suggested that 119,000 jobs are supported by members of the Betting and Gaming Council.

He also emphasised the significant economic contributions made by the industry, with the report showing it contributed £7.7 billion in gross value added and £4.5 billion in tax to the economy. This is alongside providing £350 million through sponsorship, betting levy and media rights to help fund horseracing, £40 million to the football leagues and clubs in England and millions more in funding for other sports.

This support for the UK economy is expected to continue, with the BGC committing its support to the Government’s Plan for Jobs scheme, which is expected to create 5,000 apprenticeships by 2025.

Further Support Needed for Betting Industry Following Pandemic

After facing months of closure and uncertainty throughout the lockdown, many land-based casinos and betting shops are starting to return to a sense of normality. “Our members are ready, willing and able to assist in the post-pandemic economic recovery,” Dugher stated. “They already support tens of thousands of jobs across the UK, helping to generate billions of pounds in revenue for the Treasury, and with ambitious plans for further expansion in the years to come.”

These “hard-pressed high streets and the badly hit hospitality sector” now require a commitment of budget and support from the UK government. This much-needed “Budget for jobs” would help to secure a continuation of growth, as well as the promotion of tech companies throughout Britain, which support online betting firms amongst other industries.

It is important for Dugher’s calls to be answered, not only for the industry to thrive but for the benefit of economic recovery in the UK as well. Dugher added: “I, therefore, hope that the Chancellor delivers a Budget for jobs that will help to repair the damage done by COVID, sustain the economic recovery and – with the full support of the regulated betting and gaming industry – help Britain to build back better”. Sunak has yet to confirm whether this critical support for the industry will be forthcoming.

Read Also
UK Gambling Commission License Marks “Significant Milestone” for Jogo Global
Jogo Global has received a license by the UK Gambling Commission, representing ...
Online Casino Firm 888 Acquires Rival William Hill in £2.2bn Deal
Online sportsbook and casino operator 888 Holdings has confirmed its purchase of ...
DAZN BET Promo
Premier League Gambling Sponsorship – Is This The End?
Yesterday, Premier League clubs met to discuss the future of their current ...
Head of UKGC Resigns
The head of the UK Gambling Commission has stepped down this week, ...
Could Brexit Impact Online Gambling in UK?
It’s affected just about everything else in UK daily life, from how ...
Latest News
Competition | £250 Non-League Season Ticket GIVEAWAY
From 31 May to the 27th June, you ...
Former Paddy Power Heads Recommend Regulatory Changes in Ireland
As Ireland progresses towards more modern gambling legislation, ...
UK Online Gambling Industry Welcomes ‘Single Customer View’
It has been reported to the UK government ...
Australian Open Likely to Refuse Unvaccinated Players
The premier for Victoria, Daniel Andrews, has confirmed ...
Top Betting Sites
Top Betting Bonuses
BetMGM UK
BetMGM UK
BetMGM UK Review
4.6/5
LeoVegas
LeoVegas
LeoVegas Review
4.6/5
bzeebet
bzeebet
bzeebet Review
4.6/5
Betfred
Betfred
Betfred Review
4.6/5
Bet UK
Bet UK
Bet UK Review
4.5/5
BetMGM UK
BetMGM UK Bonus
Bet £10 Get £40 in Free Bets
T&Cs apply
4.6/5
New cust only. 7 days to place a qualifying bet to receive 4x Free Bets: 1 x £10 Horse racing, 1 x £10 Free Bet Builder, 1 x £10 Acca and 1 x £10 Football. 7 day expiry. Exclusions apply. Stake not returned. T&Cs apply.
LeoVegas
LeoVegas Bonus
100% Profit Boost up to £100
Full T&Cs apply, 18+
4.6/5
T&Cs apply. New reg only. Claim by placing a min deposit £10 via "My Offers" page within 30 days. Skrill/Neteller deposits excl. 7 days to stake max £10 in-play. Max. extra winnings £100. 18+ BeGambleAware.org.
bzeebet
bzeebet Bonus
Bet £10 & Get £10 Free Bet
T&Cs apply
4.6/5
Betfred
Betfred Bonus
Cheltenham offer: Bet £10 Get £50 in Bonuses
T&Cs apply, 18+
4.6/5
New customers only. 09:00 on 08/03/24 – 17:30 on 15/03/24. Register with CHELT50. First bet £10+ at Evens (2.0)+ on Sports which settles before 23:59 on 15/03/24. Free Bets: £20 Horse Racing, £20 Football Acca & 50 x £0.20 (£10) Free Spins on Fishin’ Frenzy within 10 hours. 7-day expiry. Eligibility & payment exclusions apply Full T&Cs Apply.
Bet UK
Bet UK Bonus
Bet £10 Get £30
T&Cs Apply
4.5/5
BetUK significant terms - New customers only. Deposit & Place a Bet within 7 days, and settle a £10 minimum bet at odds of 4/5 (1.8) or greater, to be credited with 3x £10 Free Bets: 2 x £10 Horse Racing and 1 x £10 Free Bet Builder. 7 day expiry. Stake not returned. T&Cs Apply.'

Users must be 18+. If you are having trouble with gambling then help and advice can be found at begambleaware.org. Please Play Responsibly.

Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.

Close
×
Your Bonus Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Visit Site