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The UK's gambling sector experienced a downturn in stock prices following unconfirmed market rumours that the government is considering raising taxes on the industry.
The speculation, which emerged on Friday, caused a significant sell-off in the shares of major gambling companies.
This comes ahead of a possible autumn budget where the government is expected to address a large spending gap.
The gambling industry has been under increasing scrutiny from regulators and politicians, and any new taxes would be a blow to the sector's profitability.
The news highlights the sensitivity of UK markets to government policy and the potential for regulatory changes to impact specific industries.




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