Rank Group warns $53 million hit from UK gaming tax changes
Published by Global Banking & Finance Review®
Posted on December 8, 2025
1 min readLast updated: January 20, 2026

Published by Global Banking & Finance Review®
Posted on December 8, 2025
1 min readLast updated: January 20, 2026

Rank Group expects a $53M profit impact from UK gaming tax changes, including increased remote gaming duty and bingo duty abolition starting April 2026.
(Reuters) -British gaming company Rank Group Plc is expecting a hit of about 40 million pounds ($52.9 million) to its annual operating profit from the UK's tax changes from April 2026, including an increase in remote gaming duty and abolition of bingo duty.
($1 = 0.7560 pounds)
(Reporting by Aatrayee Chatterjee in Bengaluru; Editing by Anil D'Silva)
Operating profit is the profit a company makes from its core business operations, excluding any income derived from non-operational activities such as investments or sales of assets.
Remote gaming duty is a tax applied to online gambling operators based on their profits. It is designed to regulate the online gaming industry and ensure compliance with local laws.
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