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British racing chief warns budget tax hike may have ‘devastating’ impact on sport

A tax increase on gaming machines poses a serious threat to British racing, warns Brant Dunshea, CEO of the British Horseracing Authority. The rise from 20% to 25% could lead to hundreds of betting shop closures and an annual loss of $57 mi...

The Guardian Sport· Oct 29, 2026 · 3:15 AM · 3 views

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A tax increase on gaming machines poses a serious threat to British racing, warns Brant Dunshea, CEO of the British Horseracing Authority. The rise from 20% to 25% could lead to hundreds of betting shop closures and an annual loss of $57 million for the sport.

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#news #breaking #horseracing #UK #sports #gambling #taxation

Originally reported by The Guardian Sport. Read the full story →

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