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Betfred to Cut 600 Jobs and Close 132 Shops Due to UK Tax Increases
By Editorial profile image Editorial

Betfred to Cut 600 Jobs and Close 132 Shops Due to UK Tax Increases

UK gambling company Betfred has confirmed that it will cut 600 jobs and close 132 shops across the country.

UK gambling company Betfred has confirmed that it will cut 600 jobs and close 132 shops across the country.

The operator cites increased gambling taxes and other rising costs as the reasons behind the cutbacks. This move comes after Entain, the parent company of Coral, Ladbrokes, and 50% of BetMGM, also reduced its workforce by 500 employees.

By Editorial profile image Editorial
Updated on
Operators Betfred Entain UK Job Cuts Gambling Taxes