Gaming Machines: Excise Duties

Treasury written question – answered on 6th November 2018.

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Photo of Paul Sweeney Paul Sweeney Shadow Minister (Scotland)

To ask Mr Chancellor of the Exchequer, what estimate he has made of the additional tax revenue that will accrue to the public purse from fixed odds betting terminals as a result of the delay in the introduction of the maximum stake from April 2019 to October 2019.

Photo of Robert Jenrick Robert Jenrick The Exchequer Secretary

There is no delay as this is the first time the government has announced the date for the introduction of the £2 maximum stake on Fixed Odds Betting Terminals.

The government made clear in May that the timing of implementation does not make any difference to the public finances as Remote Gaming Duty will be increased at the same time to offset the foregone revenue.

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