By Karim Hammam
British Horseracing Authority chief executive Brant Dunshea has warned that the Budget’s increase in machine gaming duty for betting shops by five percentage points will have a “devastating impact” on the sport.
£57 million annual hit projected
The BHA estimates the tax rise could cost racing £57 million a year, based on independent modelling shared with the Treasury. The sport derives nearly a third of its £350 million annual income from high‑street betting shops.
Risk of widespread betting shop closures
Dunshea said the higher duty creates a clear risk of hundreds or thousands of betting shops closing, which would reduce prize money, threaten racecourse viability, cost thousands of jobs and undermine horse welfare projects.
Industry criticism
Entain chief executive Stella David called the decision “another disappointing decision by the government,” warning that previous tax increases have already damaged the industry and pushed more people toward the illegal market.
BHA to seek urgent government engagement
The BHA said it will examine the Budget documents in detail and seek urgent talks with the government to mitigate the impacts of the tax policy.
