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Rank is a leading European gaming business, based in the UK and listed on the London Stock Exchange.

The Group's principal activities are: the operation of bingo clubs and casinos in the UK with complementary on-line gaming and bookmaking services.

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  • 64.00p
    -1.25p
  • 03 Jul 2009

Keep Bingo Taxation at 15%

In the 2009 Budget statement the Government increased the level of Tax on the bingo industry from 15% to 22% without any prior warning. To put this into perspective this increase in bingo tax will cost the Bingo industry around £33m every year. This will have a hugely detrimental impact on the nation's bingo clubs across the UK, putting many clubs at risk of closure.

Our questions to the Government are:
How can it be fair that bingo is taxed at 22% when other forms of gaming are taxed at 15%?

Why is the Government targeting our nation's bingo clubs so aggressively at a time of such economic weakness?

If you think that Britain's bingo clubs deserve a fair deal, visit our campaign website www.backbingo.com to find out more and show your support.