Grosvenor casino owner cuts staff after Reeves gambling tax blow

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Grosvenor casino owner cuts staff after Reeves gambling tax blow

Grosvenor casino owner Rank Group was forced to trim its headcount in a bid to cut costs, as the company continues to deal with the fallout of Rachel Reeves hiking online gambling tax. The Chancellor’s decision to increase Remote Gaming Duty (RGD) rate from 21 per cent to 40 per cent in the last Autumn [...]