Tax hike on slot machines slammed

Press Association
Slot machines
Slot machines

A tax hike on fruit and slot machines is a "definite blow" to the gambling industry, analysts warned, amid fears the move will risk thousands of job losses at bookmakers.

The Government will introduce a new 20% Machine Games Duty (MGD) to replace the existing Amusement Machine Licence Duty and VAT, which equated to 17%, from February next year.