A proposed increase in the UK's online betting tax could prompt a mass shift of players to unregulated gambling sites, according to a new survey and industry experts.
Research conducted by YouGov revealed that 65% of bettors in Great Britain believe a rise in online gambling taxes would encourage customers to turn to offshore, untaxed operators. The findings suggest that higher costs passed on to players could fuel black market activity and undermine regulated platforms.
Read more » BGC: UK Tax Hike risks Pushing Two Thirds of Bettors to Black Market
