Tax Hike Threatens Genting's Casino Network Across Britain
Written by Henrik Hartmann · Sep 27, 2026

Tax Hike Threatens Genting's Casino Network Across Britain

Paul Willcock, chief executive of Genting Casinos UK, laid out the numbers in a CityAM opinion piece that drew direct attention to the company's exposure under proposed changes to Machine Gaming Duty. Thirteen of the operator's thirty-two British sites stand to lose profitability or slip into outright unsustainability should the Treasury lift the levy on gaming machines from its current twenty percent rate to forty percent in the October budget, according to teh figures Willcock presented, and that shift would place roughly eight hundred fifty positions in jeopardy while rippling through supply chains and local suppliers that depend on regular casino footfall.
Scale of Exposure at Genting Casinos UK
Those thirteen venues represent thirty-eight percent of the Genting portfolio in the United Kingdom, and the calculation rests on current revenue streams from slot machines and similar terminals that already operate under the twenty percent Machine Gaming Duty. Willcock's analysis shows the doubled rate would push operating margins negative at those locations because machine income forms a core slice of overall takings, and any sudden doubling of the duty would leave little room to absorb the extra cost without cutting staff hours or closing floors entirely.
Observers tracking the sector note that the same venues contribute to surrounding economies through wages, procurement of food and beverages, security services, and maintenance contracts, so the loss of viability at even a subset of sites would reduce spending in those communities rather than simply shifting it elsewhere.
Bacta Survey Findings on Sector-Wide Effects
A membership poll conducted by Bacta, the trade body representing amusement and gaming machine operators, produced results that align with Genting's internal projections. Every respondent anticipated a negative commercial outcome from the proposed duty increase, and ninety percent of those replies described the impact as severe. The survey covered a range of land-based businesses that rely on the same category of machines, and the near-unanimous reading suggests the pressure would extend beyond a single operator once the higher rate takes effect.
Figures from the poll also indicate that many respondents had already modeled scenarios that include reduced machine fleets, shorter opening hours, or outright site closures, measures that would compound the employment effects flagged by Genting. The survey data sits alongside earlier adjustments to remote gaming duty, which raised costs for online platforms and left land-based operators watching for parallel treatment on their side of the industry.

Link to Previous Duty Adjustments and Budget Timing
The Machine Gaming Duty proposal arrives after the government raised remote gaming duty, a move that increased the tax burden on digital betting and casino products. Willcock's op-ed positions the land-based increase as the next step in that sequence, one that would apply the higher rate uniformly to physical machines without corresponding relief for venues already navigating post-pandemic recovery and rising operational overheads.
Preparations for the October budget continue through the summer and into early autumn, with industry groups submitting evidence on projected job losses and venue viability ahead of final decisions. The timeline leaves operators and trade associations several weeks to present additional modeling to Treasury officials before any rate change is confirmed.
Employment and Local Economy Considerations
The eight hundred fifty roles identified by Genting span front-of-house positions, technical support for machines, management, and back-office functions at the thirteen affected sites. Each location also supports indirect employment through contracted services, adn those contracts would face review if revenue from taxed machines declined sharply.
Data shared in the op-ed shows that the venues draw regular visitors who spend on ancillary services such as dining and entertainment, creating secondary demand that sustains nearby retailers and transport providers. A contraction at the casino level would therefore reduce that downstream activity, an effect that local authorities in the relevant regions have begun to monitor through their economic development teams.
Conclusion
The specific projections released by Genting Casinos UK and corroborated by the Bacta membership survey outline a direct chain from the proposed Machine Gaming Duty adjustment to venue profitability, staffing levels, and wider economic activity. The October budget process now determines whether those modeled outcomes materialize, with the operator's thirty-two-site network serving as one measurable test case for the policy's reach across the land-based gaming sector.