
Jonathan Bailey Became An Impromptu Bingo Caller At Wicked-Themed Event In Sydney pedestrian.tv
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The chancellor almost doubled remote gaming duty in Wednesday’s budget, taking it to 40% from April next year
Online casinos and bookmakers will pay billions of pounds more in tax under a steep rise in duties levied on their takings from British gamblers.
In her second budget as chancellor, Rachel Reeves announced duty changes expected to raise an extra £1.1bn a year by 2029-30, raiding a fast-growing sector that made £12.6bn from punters last year.
Shares in UK gambling firms began tumbling even before Reeves announced the change in her budget, after the Office for Budget Responsibility (OBR) – which assesses the likely impact of tax changes – accidentally published a document confirming that the industry had been singled out for higher taxes.
By the end of the day three major gambling companies, Rank Group, Evoke and Entain, had either revised down profit forecasts or warned of major job losses.
The boss of Entain, which owns Ladbrokes, said the company was “deeply appalled” by changes that it says will shave £150m off underlying profit by 2027. The industry’s lobby group – the Betting & Gaming Council (BGC) – lamented a “devastating hammer blow” for the sector.
The most eye-catching change is a near doubling of remote gaming duty (RGD), levied on online casinos, rising from 21% to 40% next April. The rise is higher than many investors and industry sources had expected.
Meg Hillier, the chair of the Treasury select committee, said Reeves had rightly refused to bow to industry “scaremongering”, something her committee had accused lobbyists of in a report earlier this month.
“Some parts of the gambling industry, such as racecourses and bingo halls, make a cultural contribution to our country,” she said. “This is not the case, though, for online slots and other remote gaming, which can quickly drain the bank balances of vulnerable people after just a few clicks of a button on a phone.
“It’s reassuring to see that the chancellor agrees with us on this and I look forward to discussing it further with her when she appears in front of us in December.”
General betting duty, levied on sports bets, will rise from 15% to 25% for wagers placed online from April 2027, but there will be no change for bets placed in high street bookmakers.
Bets on horse racing – a sport that relies heavily on income from gambling firms – will be exempted from the increase. Bingo duty of 10% will be abolished from April.
Reeves said she was targeting online gambling because it was “associated with the highest levels of harm”. However, she did not increase machine gaming duty, charged on income from high-street slot machines, which are also linked to high rates of addiction.
Leading figures from the gambling industry, including company chief executives and lobbyists, claim that an increase on the scale announced by the chancellor will cost jobs and ultimately damage the economy.
Grainne Hurst, the chief executive of the BGC, said the increases were a “devastating hammer blow to tens of thousands of people working in the industry”.
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She said: “The government’s budget is a massive win for the incredibly harmful, unsafe, unregulated gambling black market, which pays no tax and offers none of the protections that exist in the regulated sector.”
The government said it would allocate an extra £26m over three years to help the Gambling Commission tackle the illicit market.
Shares in the heavily indebted London-listed Evoke, which owns the 888 and William Hill brands, plunged by more than 18% on news of the changes but Rank (up 10%) and Entain (up 3.4%) both enjoyed an increase potentially on the basis that Rank would benefit from the abolition of bingo duty, while both could prosper if smaller rivals, unable to cope with duty rises, are forced out of the UK.
However, all three companies warned of a financial hit in statements to investors after the London Stock Exchange closed. Entain expects underlying profit to fall by £100m next year and £150m the year after, although it expects to gain market share. Evoke, which owns William Hill and 888, predicted extra duty costs of £135m, while Rank forecast a £40m hit to operating profit.
The OBR said it expected the changes to raise an extra £1.1bn a year for the Treasury by 2029-30. The figure would be higher, at £1.8bn, but the government expects some customers to bet less and admits that others are likely to switch to the illicit market, as the extra duty is passed on to consumers in the form of less attractive odds and bonuses.
Reeves explicitly linked the increase to the government’s decision to lift the two-child cap on child benefit, listing the duty rise among the measures that funded the latter decision.
The former prime minister and chancellor Gordon Brown previously called for a larger increase in duties, raising about £3bn, to pay for lifting children out of poverty.

Powerball Jackpot Climbs to $719 Million Sumner County Source
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<span>© 2025 Coinspeaker LTD.</span> <span>ALL RIGHTS RESERVED.</span> <br>Pi nears key resistance as a new partnership with CiDi Games boosts bullish momentum. A breakout could open the path toward a potential 15% rally.<br>Amid today’s crypto market recovery, Pi Network’s <a href="https://www.coinspeaker.com/coins/pi-network/" class="coinlive"> <span class="coinlive__badge"> <span class="coinlive__ticker">PI</span> <span class="coinlive__price value-growth">$0.27</span> </span> <span class="coinlive__dropdown"> <span class="coinlive__row coinlive__vol24"> <span>24h volatility:</span> <span class="value-growth">7.9%</span> </span> <span class="coinlive__row"> <span>Market cap:</span> <span>$2.26 B</span> </span> <span class="coinlive__hr"></span> <span class="coinlive__row"> <span>Vol. 24h:</span> <span>$46.72 M</span> </span> </span> </a> native cryptocurrency Pi has gained 3% to $0.2578.<br>The altcoin is staring at a potential breakout for another 15% rally ahead as Pi Network recently announced its key partnership with CiDi games.<!----> <!-- Google adSense --> <!--<script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-4826868851612784" crossorigin="anonymous"></script> <ins class="adsbygoogle" style="display:block; text-align:center;margin-top:20px;margin-bottom:5px" data-ad-layout="in-article" data-ad-format="fluid" data-ad-client="ca-pub-4826868851612784" data-ad-slot="2123345046"></ins> <script>
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Today’s Pi price upside comes amid key developments within the Pi Network ecosystem, as well as the broader crypto market upside.
Looking at the technical chart, the altcoin is now approaching a key technical resistance at $0.2591. Previously, this level has acted as one of the strongest barriers, as shown in the chart below.
Pi coin price approaches key resistance. | Source: TradingView
A failure to break above this zone could limit buyer momentum. However, a confirmed daily close above $0.2591 would signal a potential move toward $0.29, representing an upside of roughly 14% from current levels.
Pi Network has been consolidating within a multi-week triangle pattern, with the upper boundary aligning closely with the $0.2591 resistance. If market conditions remain favorable, Pi coin could reach $0.29 in December.
However, if the resistance holds, the upward trend may lose strength. A drop below $0.22 would break the lower boundary of the triangle and could set the price on a path toward $0.20.
Pi Network has announced a strategic partnership and investment agreement with CiDi Games, a gaming studio focused on building Pi-integrated titles.
As part of the partnership, CiDi Games will develop gaming content for Pi Network’s tens of millions of users, known as Pioneers.
The goal is to expand the cryptocurrency’s real-world utility and position gaming as a central pillar of the ecosystem. This is one major development after Pi Network’s move to seek MiCA compliance.
The Pi Core Team said the collaboration will help broaden Pi’s use cases, boost developer participation, and support the creation of new applications for the network’s native token.
CiDi Games plans to leverage Pi’s global community alongside its own development capabilities to deliver lightweight, accessible games.
The announcement highlighted Pi Network’s ongoing support for gaming initiatives through hackathons, incubation programs, developer tools, and monetization infrastructure such as the Pi Ad Network.
The partnership between Pi Network and CiDi Games strengthens Pi’s broader effort to develop a sustainable, fully integrated gaming ecosystem within its platform.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
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Sikkim State Lottery Results Today – 27th November, 2025 – Sikkim Lottery Sambad Result Live Update The Sentinel – of this Land, for its People
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Breaking news for Los Angeles, Orange and Riverside counties
There were no tickets sold with all six numbers in the latest drawing of the multi-state Powerball lottery, pushing the estimated jackpot for Saturday’s drawing to $719 million.
There were four tickets sold with five numbers, but missing the Powerball number, including one sold at a convenience store in Mission Viejo, which is worth $979,462, the California Lottery announced.
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While tickets with five numbers, but missing the Powerball number, sold in other states are worth $1 million or $2 million, California law requires major payoffs of lottery games to be paid on a pari-mutuel basis, meaning they are determined by sales and the number of winners.
One ticket each with five numbers, but missing the Powerball number, was sold in New Jersey, Pennsylvania and South Carolina and each is worth $1 million, according to the Multi-State Lottery Association, which conducts the game.
The numbers drawn Wednesday were 7, 8, 15, 19, 28 and the Powerball number was 3. The estimated jackpot was $685 million.
The drawing was the 34th since the last time a ticket with all six numbers was sold.
The odds of matching all five numbers and the Powerball number is 1 in 292.2 million, according to the Multi-State Lottery Association. The overall chance of winning a prize is 1 in 24.9.
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CLEVELAND, Ohio — No one hit the $684.8 million Powerball jackpot in Wednesday night’s drawing, but thousands of Ohio players still walked away with prizes, according to the Ohio Lottery.
The winning numbers were 7, 8, 15, 19, 28 and Powerball 3, with a 3X Power Play.
With the jackpot rolling over, Saturday’s drawing (Nov. 29 at 10:59 p.m. Eastern) will offer an estimated $719 million grand prize, or $333.3 million if taken as a one-time cash payout.
The Nov. 26 drawing produced more than 24,000 winning tickets statewide in Ohio, including:
Nationally, four tickets worth $1 million were sold in California, New Jersey, Pennsylvania and South Carolina.
Powerball officials say the odds of winning the next jackpot are 1 in 292,201,338, while the odds of hitting a $1 million prize are 1 in 11.6 million.
Ohio has seen several major winners this year — including a $112 million Mega Millions jackpot sold April 18 at the Giant Eagle on Mayfield Road in South Euclid.
Ohio Lottery data shows a long list of notable wins across the state this year, including:
Again, the next Powerball drawing is Saturday night.
Molly Walsh covers Lake and Geauga Counties for The Plain Dealer and Cleveland.com. Previously, she covered business, criminal justice and breaking news. Molly also worked as a reporter for the Akron Beacon…
This article was produced with assistance from AI tools and reviewed by Cleveland.com staff.
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