Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of introducing a tax on the gambling industry to provide funding for people that have been made destitute as a result of gambling addiction.
The Gambling Commission is consulting on its new national strategy to reduce gambling harm, this includes a review of the financial contributions made by the industry. The license conditions of gambling companies require them to make a financial contribution to organisations that tackle gambling harm.
As announced at Autumn Budget, Remote Gaming Duty will be increased to 21% from 1 April 2019.