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flag Entain lost £680.5M in 2025 due to a new UK 25% online gambling tax, despite rising underlying profits.

flag Entain, owner of Ladbrokes and Coral, reported a £680.5 million post-tax loss in 2025 due to a £488 million impairment charge tied to the UK’s new 25% remote gaming tax, up from 15%. flag Despite the loss, underlying profit rose 7% to £1.16 billion, driven by cost-cutting and growth in its U.S. BetMGM joint venture, which distributed $270 million. flag The company warned the tax hike will shrink the regulated market and boost black market activity, urging regulators to address unlicensed operators. flag Entain plans to cut costs using AI and reduce marketing, aiming to offset over half of the expected £200 million in annual tax-related expenses by 2027. flag It also plans to upgrade 2,400 UK and Irish betting shops and prepare for the 2026 FIFA World Cup, focusing on player-specific betting and fan engagement.

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