The UK’s Betting and Gaming Council (BGC) has called upon the Government to act on the cost-of-living crisis, as the hospitality and leisure industry sees its operating costs soar.
Michael Dugher, CEO of the BGC, expressed his grave concerns over the rising cost of energy, saying: “The cost of simply doing business is rising at an exponential rate. If urgent action isn’t taken soon, continued energy price increases could have a catastrophic impact across the hospitality and leisure sector, including hitting our members.”
He added: “Casinos are a vital pillar of the hospitality and tourism sector in cities and towns across the UK. Just like the rest of the hospitality sector they are struggling to build back after the global pandemic and now they face a new crisis.”
In Britain, there are 6,500 betting shops and 121 casinos that employ 44,000 people, which generate over £4bn ($4.72bn) to the economy every year, contributing around £2bn in taxes.