BGC warns against new “trojan horse” gambling tax measure
The BGC has recently urged the UK government to not implement a set of recently proposed tax measures for the gambling industry.The British industry organization named...
BGC supports Levelling up agenda within UK
The Betting and Gaming Council (BGC) is intended to invest $27 million annually in training of the staff within the UK in support of the Levelling Up agenda carried out by the state authorities.
This intention follows the announcement of its own program aiming to create 5000 traineeships for the people who tend to get involved in the industry by 2025.
The chief executive of the BGC, Michael Dugher commented:
“Due to the Government’s initiative we can launch more traineeships and alleviate the unemployment within the country. Our members invest in high-tech jobs and are ready to promote the UK economy after the impact of Covid-19”.
The BGC represents wagering shops, casinos and the online gambling sector. It reports that it supports over 119,000 jobs, half of which is based out of London.
The council’s member bet365 employs nearly 4,500 workers. Sky Bet supports up to 1700 jobs in its recently opened innovation hub.
The report demonstrated that in 2019the members of the Council provided over £7.7bn in gross value to the economy of the country.
The Engagement Director for the Levelling Up Goals at The Purpose Coalition, John Woodcock, notes that the traineeships will hugely contribute to the process of levelling up when the companies are able to deliver trainings for thousands of people who are taking their first steps on the ladder of their career.
BGC urges government to reduce “stealth” taxes
The BGC has recently published an announcement urging the government of the UK to revise the taxes imposed on certain gambling businesses.The tax in question applies...
