RE: Autumn statement shock for bookmakers?12 Oct 2024 14:25
If they proceed with this policy, I would expect to see sector-wide job losses.
Significantly reduced charitable contributions from companies in this space. Bare minimum ESG fluff (which I would like to see anyway, lol).
And also increasing tax mitigation strategies too.
Because solutions to excessive state theft almost always end up generating less for the state, not more, as the real economy finds antidotes for socialist poison. Laffer curve etc.
In short, I think Evoke will find successful workarounds, if they have not already got stuff in the pipeline to this end. Which I think they probably already have, more or less.
Anyway, see what the market thinks in the weeks ahead, but that article does not alter my thesis here.
Pretty sure some of us debated future potential state interference threats in this field, on this chat board months and months ago, but cannot remember now.
You would have thought these one-dimensional politicians would have gone easy on the gambling sector.
After all, they all give the impression of having won their jobs via a lottery draw, lol.
Some of them even give the impression of having finished second in a participation prize competition, where everyone gets a sticker.