Context
The racing industry is concerned about the proposed flat tax on all online gambling which treats betting on sports like horse racing the same as bets on online casinos, despite similar problem rates for both.
Question
At the last oral questions, the Secretary of State said that different forms of gambling should be treated differently. However, a flat tax on all online gambling has been proposed, which fails to distinguish between betting on sports like horseracing and online casinos and gaming. Problem rates for bets on racing are about the same as for lottery scratchcards. Will the Minister commit here and now to making sure that betting on sports like racing is not treated the same as betting on online casinos and gaming?
Answer from The Parliamentary Under-Secretary of State for Culture, Media and Sport (Stephanie Peacock)
I am a big supporter of racing and recognise the significant contribution it makes to the British economy. The consultation on the tax treatment of remote gambling is led by His Majesty’s Treasury. It is open until 21 July and any impact assessment will be a matter for that Department.
Not addressed: Commitment to ensure betting on sports like horseracing is treated differently from other forms of online gambling
How: Reflecting Comments To The Treasury
Was this summary accurate? Tell us
How accurate was this summary? (1 = poor, 5 = spot on)