Casino executives warn UK investment may slow amid Machine Games Duty uncertainty
By The Weekly Edge desk ·
Summary
Genting UK chief executive Paul Willcock and Rank Group chief executive Richard Harris discussed investment risks at a UK casino industry event, reported by NEXT.io. Panellists warned that a possible doubling of Machine Games Duty in the autumn budget could constrain investment; Harris said an increase would make some venues unviable. Willcock said he might have reached a different conclusion on Genting’s £40m Trocadero conversion if making the decision today.
Why it matters
A possible Machine Games Duty increase could affect investment decisions and the viability of UK casino venues.