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BGC Raises Concerns About Potential Negative Impact of Further Tax Hike on the Gambling Industry

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The Betting and Gaming Council (BGC) has warned against further new tax rises on members, as it was confirmed Levy payments to the Horseracing Betting Levy Board are expected to increase for the fourth year in a row.

BGC members are expected to contribute a record £108m in Levy payments to the HBLB for last year, new figures reveal.

The figure, provided by the independent HBLB, is an increase of £3m on the previous year.

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It is the fourth year in a row that Levy contributions have increased, from £97m in 2021/22, to £100m in 2022/2023, £105m in 2023/2024 and £108m in 2024/2025.

This increased contribution came despite a concerning fall in betting turnover, and amid threats of a further new tax hike on online sports betting.

The independent HBLB said average turnover per race was down by about 8% on 2023/24, representing a 15% fall on 2022/23 and 19% drop on 2021/22.

Meanwhile, earlier this month the Treasury announced a new tax consultation, proposing replacing the three current online betting and gaming tax rates, with a single new one, sparking fears for sports like racing.

Betting and Gaming Council CEO Grainne Hurst said: “For the fourth year running Levy contributions have increased to record levels, demonstrating the growing, long-term investment regulated betting provides British horseracing.

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“But it is concerning to see once more that despite record Levy contributions, racing continues to struggle, both as a sport and as a betting product, with betting turnover down again year on year.

“BGC members remain committed fans of racing and recognise better than most the huge economic impact it makes in communities across the country.

“It’s now more important than ever this vital contribution is not undermined by further new tax rises through the creation of a single tax for online betting, which risks driving punters away from the sport, or into the arms of the growing, unsafe gambling black market.

“These parasite operators don’t pay tax, don’t care about safer gambling, and do not contribute a penny to the Levy. The BGC wants sustainable growth, for our members and for racing, but any new taxes would halt investment, hurt punters and harm racing.”

This fourth annual increase is a new record since the Levy collection reforms of 2017/18.

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The post BGC Raises Concerns About Potential Negative Impact of Further Tax Hike on the Gambling Industry appeared first on European Gaming Industry News.

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BEGE PROUD TO ANNOUNCE VERMANTIA AS SECOND-YEAR GENERAL SPONSOR OF THE BEGE AWARDS

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BEGE is delighted to announce that Vermantia will once again serve as the esteemed General Sponsor of the BEGE Awards, marking their second consecutive year in this prestigious role. The 16th edition of the BEGE Awards continues to celebrate excellence, innovation, and leadership within the gaming industry – and Vermantia’s ongoing support underscores their unwavering commitment to driving growth and recognition across the sector.

As a global leader in delivering premium omni-channel content and cutting-edge technology solutions for the gaming and betting industries, Vermantia’s partnership with BEGE exemplifies a shared dedication to advancing industry standards through innovation and collaboration.

“We are absolutely thrilled to have Vermantia supporting us once again this year! Their steadfast commitment is a powerful testament to the strength of our enduring partnership. We’re incredibly grateful and excited as we look forward to the BEGE Awards night, where the industry’s brightest leaders will be celebrated for their outstanding achievements,” said Nino Berezhiani, Marketing Manager at BEGE.

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The BEGE Awards remain a key platform for recognizing pioneering contributions and exceptional talent within the gaming industry. Partnering with Vermantia elevates the event’s stature and amplifies its impact on the industry’s future.

Join the BEGE Awards on November 26th, during the first day of the upcoming BEGE Expo, to honor excellence and innovation. The 16th BEGE Awards will gather industry leaders, innovators, and stakeholders from around the world for an unforgettable celebration.

For more information about the BEGE Awards and the event, visit: https://www.balkangamingexpo.com

The post BEGE PROUD TO ANNOUNCE VERMANTIA AS SECOND-YEAR GENERAL SPONSOR OF THE BEGE AWARDS appeared first on European Gaming Industry News.

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FDJ UNITED Confirms Strong Half-Year Progress and Maintains 2025 Guidance

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FDJ UNITED, a leader in lottery, betting and gaming in Europe, announced its results for the first half of 2025.

• First-half revenue of €1867m: up +31% compared with H1 2024 reported and down -2% on a restated basis

• Buoyant performance by the French lottery and retail sports betting BU with revenue of €1290m, up +4% on a restated basis

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• Lottery revenue rose by +6% to €1065m. This performance can be attributed to the whole range of games and all distribution channels, particularly digital, which rose by +16% to €160m

• Point-of-sale sports betting revenue fell by -6% to €225m. This change reflects unfavourable sports results for the operator, despite stakes boosted by an attractive football offering (+4%)

• Online betting and gaming BU2 revenue of €466m, down -12% on a restated basis

• This change reflects a very unfavourable 2024 comparison base, due in particular to the Euro football tournament, as well as tax and regulatory impacts in 2025, particularly in the Netherlands and the UK. Excluding these two markets, revenue would be up 5% thanks to the performance of other countries, including France

• Second-quarter revenue came to €235m, up +2% compared with the first quarter of 2025

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• Recurring EBITDA of €441m, representing a margin of 23.6%, or 24.4% excluding the cost of the employee share ownership plan (€14m)

• Adjusted net income of €222m

• This reflects the impact of the financing of the Kindred acquisition on the financial result and the one-off tax contribution on the profits of large French companies

• 2025 objectives reiterated: stable revenue versus 2024 pro forma, with a recurring EBITDA margin of over 24%

• Successful employee share ownership plan bringing the share of capital held by employees to 4.6%

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• Taken up by more than half of employees and largely oversubscribed

“2025 stands as a transition year for FDJ UNITED, with the integration of Kindred well on track. In this context, our first-half performance is in line with the expected full-year trajectory. Besides, we are pleased by the success of the employee share ownership plan launched by the Group, reflecting our long tradition of sharing FDJ UNITED’s value creation with all stakeholders,” Stéphane Pallez, Chairwoman and Chief Executive Officer of FDJ UNITED.

The post FDJ UNITED Confirms Strong Half-Year Progress and Maintains 2025 Guidance appeared first on European Gaming Industry News.

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SYNOT Games Announces New Partnership with eBingo

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SYNOT Games, a well-established provider of online games and retention tools, has announced a new partnership with eBingo, marking a significant step forward in the company’s expansion within the Spanish iGaming landscape. The first batch of SYNOT Games’ titles is already live in eBingo’s lobby, with full access granted to the supplier’s complete portfolio.

This partnership reflects SYNOT Games’ strategic commitment to working exclusively with trusted operators in regulated markets, placing a strong emphasis on transparency, responsible gaming and long-term value for players and business partners alike.

Spain remains one of the most dynamic regulated iGaming markets in Europe. Through this new integration, SYNOT Games strengthens its local presence, offering games tailored to the preferences of Spanish players and fully aligned with all relevant compliance standards.

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As part of the collaboration, eBingo now has access to the entire SYNOT Games portfolio of more than 200 games, including popular titles such as Respin Joker, Volcano Explosive or Money Vaults. All games have been tested, certified and optimised for the Spanish market and delivered following technical and regulatory requirements.

Martina Krajčí, Chief Commercial Officer at SYNOT Games, said: “Spain is a key market for us, and the partnership with eBingo is another important milestone in strengthening our footprint in Western Europe. We only collaborate with operators who share our values when it comes to quality, transparency, and responsibility. We are pleased that eBingo’s players can already enjoy our titles.”

Aurelio Campo, Operations Manager, eBingo ES, said: “We are proud to partner with SYNOT Games, a provider known for delivering consistently high-quality, certified content tailored to regulated markets. Their diverse portfolio and technical reliability align perfectly with our commitment to offering the best gaming experience to our players in Spain. We look forward to a successful and long-lasting collaboration.”

This agreement forms part of SYNOT Games’ broader 2025 expansion strategy, which focuses on increasing its presence in regulated markets and providing localised, high-performance content to operators across Southern Europe and beyond.

The post SYNOT Games Announces New Partnership with eBingo appeared first on European Gaming Industry News.

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