MGM Resorts' LeoVegas-led international online arm moved close to break-even in the third quarter of 2026, trimming its adjusted EBITDAR loss to $4m from $23m — but revenue growth decelerated to roughly 6% as UK tax changes loom.
A lower threshold means bingo halls, betting shops and casinos will pay the top 25% Machine Games Duty rate on Category B machines from April 2027, with a separate consultation proposing to shift duty liability onto machine suppliers from April 2028.
The standard rate of Machine Games Duty will rise from 20 per cent to 25 per cent in April 2027. The Betting and Gaming Council says EY modelling points to almost 9,000 job losses and up to 1,000 venue closures.
