United Kingdom: A fatal tax increase for horse racing?
Since April 2025, the British Horseracing Authority (BHA) has been sounding the alarm: the British government is planning to merge taxes on online betting, raising the tax on horse racing betting from 15% to 21%, the same rate as for casino gambling. This change would represent a loss of at least £66 million a year (around €76 million) for the industry, with a risk of £160 million (€185 million) if the rates rise further.