Latest News
William Hill Set to Get Back £150m in FOBT Taxes

Leading bookmaker William Hill has said that it could receive a windfall of up to £150m after the industry won a challenge over sales tax on controversial fixed-odds machines in betting shops.
William Hill said the government’s Revenue and Customs office had decided not to appeal against a tribunal ruling that found companies had been paying too much value added tax (VAT) on fixed-odds betting terminals (FOBT).
“Whilst William Hill currently expects the net cash recovery to be material, its precise quantum remains uncertain. Nevertheless, the board has considered a number of scenarios which suggest a potential net cash recovery of between £125m and £150m,” the bookmaker said.
“The group has submitted claims which are substantially similar to those provided in the VAT challenge. Those claims have not yet been subject to the detailed evidential and accounting reviews that will need to take place before entitlement to the refund can be settled,” William Hill added.
The industry as a whole could recoup £1bn in VAT as a result of the ruling based on the rate of VAT paid on combined income from FOBTs between 2005 and 2013, which amounts to more than £8bn plus interest.
A tax tribunal ruled that collecting VAT on FOBTs between 2005 and 2013 had “breached the principle of fiscal neutrality” because similar roulette-style games played in casinos and online were exempt from the tax.
-
Africa6 days ago
QTech Games wins Innovative Partner of the Year at the 2025 Africa Gaming Expo (AGE) Awards in Lagos
-
Asia6 days ago
Gods Reign Crowned Champions of The National Esports Championship – CS2 at Bengaluru GAFX 2025
-
Asia6 days ago
Thailand: Requirement of B50M in Account for Casino Entry Removed
-
Cryptocurrency6 days ago
SOFTSWISS Reveals Crypto Betting Shift in 2024: Altcoins Command Nearly Half of Crypto Bet Sum
-
eSports6 days ago
PandaScore and Playbook Engineering join forces
-
Compliance Updates6 days ago
Vixio Unveils the 2025 Global Regulatory Award Categories and is Now Accepting Submissions
-
Latest News6 days ago
ComeOn Group teams up with WSF Odds for an unmatched betting experience in Sweden
-
Africa5 days ago
Black Lagoon Games to present Next-Gen game families for Africa at SiGMA Africa