Clarification re budget
20 March 2014
Further to our previous announcement in response to the 2014 Budget, Treasury has subsequently confirmed an intention to tax the gross win attributable to both B2 and B3 content at 25% where the B3 content is provided on gaming machines in Licensed Betting Offices that host both B2 and B3 content. The total impact of this increase in MGD would be £22m (based upon 2013 machines gross win) as opposed to the previously guided £16m impact.
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Enquiries:
William Hill PLC
Ralph Topping, Chief Executive
Neil Cooper, Group Finance Director
Lyndsay Wright, Director of Investor Relations
Tel: +44 (0) 20 8918 3614
Brunswick Group
Simon Sporborg / Fiona Micallef-Eynaud / Oliver Hughes
Tel: 020 7404 5959