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Entain to cut 500 jobs amid rising tax costs and market pressures
By Editorial profile image Editorial

Entain to cut 500 jobs amid rising tax costs and market pressures

Entain will cut 500 positions across its operations as the London-listed gambling group seeks to reduce costs amid higher UK online gaming taxes and increasing competition from prediction markets.

Entain will cut 500 positions across its operations as the London-listed gambling group seeks to reduce costs amid higher UK online gaming taxes and increasing competition from prediction markets.

The planned reduction represents about 2% of the multinational company’s workforce. A spokesperson confirmed the number of affected roles to Reuters after Bloomberg News first reported the cuts, citing...

By Editorial profile image Editorial
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Operators Entain London-listed UK Online Gaming Taxes