Casinos: Income

(asked on 1st July 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent estimate he has made of the amount of revenue to the public purse generated from casinos; and what assessment he has made of the importance of the contribution of casinos to the UK's economic recovery.


Answered by
Kemi Badenoch Portrait
Kemi Badenoch
President of the Board of Trade
This question was answered on 6th July 2020

Gaming Duty paid by casinos raises around £220 million in revenue for the Exchequer per year.

The Government recognises the economic contribution the sector makes and has provided a package of measures to support businesses, including casinos, as announced by the Chancellor on 17 and 26 March. This includes a business rates holiday for businesses in the retail, hospitality and leisure sectors, the Coronavirus Job Retention Scheme and the Coronavirus Business Interruption Loan Scheme, which provides loans of up to £5 million for SMEs through the British Business Bank, backed by an 80% government guarantee.

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