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Monday, March 12, 2018, by Lorien Pilling

In March 2014 the UK Chancellor announced a major tax cut for the bingo sector in his Budget. The decision gave bingo halls the lowest gaming tax in the UK sector at 10% of gross profits. But in the years since that tax cut the bingo sector has failed to capitalise on it.  Read More

Monday, March 12, 2018, by Lorien Pilling

If you had invested in Warren Buffett’s Berkshire Hathaway in 1965, that investment would today have grown by 2,404,748% or a compound annual gain of 20.9% a year. With a track record like that, when the “sage of Omaha” speaks people listen.    Read More

Monday, March 12, 2018, by Lorien Pilling

Overheads for the UK betting shops are set to rise in 2018 along with most other costs associated with “High Street” trade. The betting shops, along with other employers, face a rise in the minimum wage and an increase in both employers’ and employees’ payments to the Workplace Pension Scheme. GBGC estimates this will add £3,000 a year to the costs of a single-manned shop.    Read More