Calls for action as energy prices set to threaten UK’s betting and gaming businesses

CEO of the UK’s Betting and Gaming Council, Michael Dugher has called for support from the government as soaring energy prices are set to affect the industry’s bricks and mortar stores. Dugher fears that constant increases in energy bills will not only force betting shops off the high street but fewer customers will also be able to participate in online casinos and betting. He argues that the next UK Prime Minister should have the leisure and hospitality industries at the forefront of any action and reform. The land-based casino industry alone employs 44,000 people and generates a whooping £4 billion for the economy each year.

Dugher said:
“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. 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. Meanwhile, bookmakers, which play a critical role on the UK’s hard-pressed high streets, face similar challenges. In short, any business which welcomes customers into a building must grapple with this energy emergency.”

Of course, these uncertain economic times will not only affect the gambling industry but many others in addition, and business owners and customers alike will be looking for ways to get around the rising costs of living and operating businesses.