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Gambling Industry Braces for Job Losses as Tax Hike Looms
The Betting and Gaming Council warns that a proposed tax increase could threaten thousands of jobs. Meanwhile, the CFTC refines rules for prediction markets.
October 16, 2026·1 min read

The Betting and Gaming Council warns that a proposed tax increase could threaten thousands of jobs. Meanwhile, the CFTC refines rules for prediction markets.

The UK Gambling Commission has reached a £5 million settlement with three Rank Group-owned operators over anti-money laundering and social responsibility failures.
The House of Lords has called for stricter measures against digital gambling ads, suggesting a blanket ban similar to tobacco advertising. The report, however, is not binding.