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Fixed-odds betting terminals

Volume 447: debated on Tuesday 20 June 2006

To ask the Chancellor of the Exchequer how fixed-odd betting terminals are taxed in (a) betting shops and (b) casinos; and what estimate the Government have made of the tax revenue from such terminals in the last 12 months. (78303)

Takings from fixed-odds betting terminals have been within the scope of VAT from 6 December 2005 when they were also removed from the scope of General Betting Duty. They will be liable to Amusement Machine Licence Duty from 1 August 2006. Fixed-odds betting terminals cannot be offered outside of a licensed bookmaker.

In Budget 2006 we estimated that revenue would increase by £25 million in 2006-07 from aligning the taxation of gaming machines with the Gambling Act. This includes the increase in revenue from fixed-odds betting terminals.