The British gaming sector is expressing apprehension regarding the effects of the escalating living expenses. Companies are grappling with soaring energy costs, with projections indicating a potential threefold increase. This challenge arises as they strive to rebound from the pandemic, which severely impacted the hospitality industry.
Michael Dugher, leading the Betting and Gaming Council, emphasized the need for immediate government intervention. He underscored the significance of casinos and wagering establishments as economic contributors, bolstering employment and tourism. Absent assistance, numerous businesses face closure, jeopardizing thousands of jobs.
This situation coincides with political instability in the UK, as a new Prime Minister prepares to succeed Boris Johnson.
Currently, Liz Truss and Rishi Sunak are fiercely competing to be the United Kingdom’s next Prime Minister. When the Conservative Party concludes its leadership election in September, both contenders have promised to tackle the nation’s financial difficulties.