High street ‘slot farms’ could evade budget tax rise through bingo hall loophole
Hundreds of adult gaming centres in England have bingo licences that still qualify them for discounted business rates Hundreds of high street “ slot farms ” could continue claiming a discount on their business rates, unless the government closes a loophole that allows them to pose as bingo halls. John Healey singled out adult gaming centres (AGCs) in his first budget this week, in which he…
High street "slot farms" could evade a budget tax increase by exploiting a bingo hall loophole, according to analysis. Hundreds of adult gaming centres in England qualify for discounted business rates through their bingo licences. Prime Minister Andy Burnham increased duty on slot machine takings from 20% to 25%, but many AGCs and vape shops could avoid the tax hike.
Gambling Commission records suggest hundreds of venues may have exploited the loophole by posing as bingo halls while offering primarily slot machines. One Merkur Slots shop in Stockport saw a woman lose £2,000 over two days, prompting fines and calls for tighter regulations. Labour MP Alex Ballinger urged the government to address the loophole, while the arcade operators' trade body warned the tax changes could impact investment and future plans.
Written by urgent.news from Guardian Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
