Paul Rouse: Where is the modern rise in gambling leading?

By 2028, it is estimated that around $700bn will be gambled per year.

GAMBLING: By 2028, it is estimated that around $700bn will be gambled per year.

This week, the Chancellor of the Exchequer in the United Kingdom, Rachel Reeves, announced changes to the duties to be levied on gambling.

Although no change is being made to the 15% levied on gambling on horse racing, significant changes are being introduced for other sectors of this booming industry.