Britiko

GOVERNMENT’S BUSINESS RELIEF ‘WILL PROTECT TENS OF THOUSANDS OF JOBS’ SAYS BGC

Erin-Marie Gallagher

The Betting and Gaming Council (BGC) has backed the recent government support, welcoming the confirmation that betting companies will now qualify for the same business rates holiday like other businesses in the retail, leisure and hospitality industry.

Following the government’s instruction to close betting shops and casinos across the UK to limit the spread of COVID-19, the BGC has campaigned for inclusion in Rishi Sunak’s support package. According to the standards body, without the ability to generate revenue around 64,000 jobs were at risk.

Michael Dugher, BGC chief executive, said: “The Government is clearly working night and day to beat the virus and to ensure that jobs and businesses throughout our country are protected.

“On top of the help on employment, extending help on business rates to all businesses that have had to shut down is another much-needed shot in the arm that will help to protect tens of thousands of jobs.

“On behalf of those workers in our companies, I’d like to thank the Treasury and cross-party MPs for this and to pay tribute in particular to the DCMS, including our outstanding Minister Nigel Huddleston, for all their support.”

The cancellation and postponement of a number of sporting events across the UK, such as football and horse racing, has resulted in a ‘substantial drop in total gambling’.

Despite the fall in gambling participation, the BGC has emphasised that this has not stopped the standards body from ‘stepping up safer gambling measures’.

Dugher concluded: “Our industry will in turn do its absolute utmost to help with the fight against the virus and play our part in this historic national effort, including offering up staff and premises to help.

“And although gambling has fallen markedly with betting shops and casinos closing, and with the lack of sport which accounts for a big chunk of online betting too, we are also stepping up our safer gambling measures at this time”.

UK exempts gaming from business rates

After shutting down the industry to prevent COVID-19 from spreading, the UK allowed gaming not to pay business rates.

UK.- The government included gaming in the UK in the nation’s business rates exemption. The benefit goes for retail and hospitality businesses and will last for a year.

First, the authorities wouldn’t include gaming in the relief aimed at businesses forced to closed over COVID-19‘s growth. However, it ultimately gave in and the industry won’t lose even more money.

The Betting & Gaming Council (BGC) celebrated the decision. As the UK exempts gaming from business rates, the body voiced its contempt after an earlier scare.

Michael Dugher, BGC chief executive said: “The Government are clearly working night and day to beat the virus. Also to ensure that jobs and businesses throughout our country are protected. On top of the help on employment, extending help on business rates to all businesses that have had to shut down is another much-needed shot in the arm that will help to protect tens of thousands of jobs. On behalf of those workers in our companies, I’d like to thank the Treasury and cross-party MPs for this and to pay tribute in particular to the DCMS, including our outstanding Minister Nigel Huddleston, for all their support.

“Our industry will, in turn, do its absolute upmost to help with the fight against the virus. We’ll play our part in this historic national effort, including offering up staff and premises to help. And although gambling has fallen markedly with betting shops and casinos closing, and with the lack of sport which accounts for a big chunk of online betting too, we are also stepping up our safer gambling measures at this time”.




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