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“I believe that by 2030 we will have no betting shops. The high street will be dead. We’ve already worked it out that with the increases in taxes and salaries and other wages it won’t be worth operating,” he said.

Betfred currently sponsors Britain’s five classic horse races, including the Epsom Derby. Done said the company had yet to agree on extending those sponsorships amid the tax uncertainty, warning that reduced regulated gambling provision could push problem gamblers towards the black market.

He also pushed back against claims by Dame Meg Hillier, chair of the Treasury Select Committee, who has characterised some industry warnings as “scaremongering”.

About 9 Blazing Cashpots Megaways

Set on a 5×4 grid with 40 paylines, the reels feature returning favourites alongside new characters like the Ticket Master, Bomber, and Pyromancer. The Nuclear Wild feature can trigger at any spin, locking onto reels and detonating into full wild reels for powerful wins. Land 3 or more Bonus symbols to enter the bonus round, where each symbol adds a multiplier and 3 spins. New symbols reset the spins, while Ticket symbols push the train forward through stations, carrying it deeper across the wasteland toward its final destination. With relentless progression, layered features, and explosive potential at every turn, Money Train 5 offers win potential up to 50,000x the bet in Standard Mode, rising to 100,000x in Ultra Mode.

About 9 Blazing Cashpots Megaways

Giles Thomson, FATF president, said unregulated sectors risk becoming “attractive gateways for fraudsters, professional money launderers and organised criminal networks”. He called on governments to strengthen oversight, crack down on illegal and offshore operators and deepen public-private cooperation. 

The Danish Gambling Authority said on Friday that the report stems from a broader review by FATF member countries over the past year.

The review examined the gaming sector and associated money laundering, terrorist financing and proliferation financing risks.