Britain’s 40% Gaming Duty Cost Bally’s $39 Million
Britain’s remote gaming duty rose from 21% to 40% on April 1, costing Bally’s about $39 million of segment profit. Bally’s offset close to 65% of that hit through revenue growth and cost control. Bally’s Intralot B2C revenue rose 22.3% to $243.5 million while the segment’s profit fell 13.9% to $64.7 million. Consolidated revenue reached … Read more