Betfred Warns of Possible Nationwide Shop Closures if Gambling Tax Is Increased
UK bookmaker Betfred has warned that all 1,287 of its High Street shops could shut down if Chancellor Rachel Reeves raises taxes on gambling firms. Fred Done, the company’s co-founder and chairman, told the BBC that such a move would threaten 7,500 jobs and could spell the end of Betfred’s physical betting operations in the…