Rank Group CEO Warns UK Prime Minister Over Potential MGD Tax Hike

Rank Group chief executive Richard Harris has cautioned UK Prime Minister Andy Burnham regarding proposed increases to the machine games duty. The warning was delivered during the company’s preliminary results earnings call covering the twelve months ending 30 June 2026.

Regulatory and Market Outlook

Industry speculation indicates the UK machine games duty may rise above its current twenty percent rate. Harris addressed the potential levy adjustment while presenting the operator’s financial performance to investors. The executive outlined how additional tax pressure could influence the sector’s operational framework.

The remarks coincided with the release of Rank Group’s preliminary figures for the fiscal period concluding in mid-2026. Management used the earnings briefing to review market conditions and regulatory considerations facing the business. Background information regarding the tax proposal was compiled from iGaming Expert.

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