Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Flutter warns new UK gambling tax will hurt profits and growth.

flag Flutter, the parent company of Paddy Power and Betfair, has warned that its earnings will be significantly impacted by a new UK government gambling tax introduced in the 2025 Budget, which increases levies on online betting revenue. flag The company cited the tax as a major factor in its revised financial outlook, projecting lower profits and reduced growth for the year. flag The announcement comes amid growing scrutiny of the gambling industry's tax burden and its effect on business performance.

78 Articles

Further Reading