-+ 0.00%
-+ 0.00%
-+ 0.00%
Rank Group Sees Additional Costs from Hike in UK Machine Games Duty
Share
Listen to the news
06:00 AM EDT, 10/29/2026 (MT Newswires) -- Rank Group (RNK.L) expects to incur additional costs for the 12 months ending June 30, 2027, from the increase in machine games duty in the UK. The British gambling company expects an additional annualized cost of 9 million pounds sterling, before any mitigating actions, for the fiscal year, according to a Thursday filing. Duty costs are expected to rise by 2 million pounds. The UK government raised the duty to 25% from 20%, effective April 1, 2027.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending