High street ‘slot farms’ could evade budget tax rise through bingo hall loophole
⟶ High street 'slot farms' are reportedly exploiting a loophole to avoid a potential budget tax increase. This is being done through the use of bingo halls, which are subject to different tax regulations.
Why it matters
This situation arises as authorities consider a budget tax increase. The loophole allows businesses operating electronic gaming machines, described as 'slot farms', to potentially sidestep this additional tax burden by operating under the guise of bingo halls.