By SectorWire desk ·
The report said that Entain ENT · GBp 443.70 2026-10-16 Data plans to cut 500 roles globally and says the decision is unrelated to the UK tax increase. The reductions mainly affect operational functions, product and technology.
The planned cuts reduce staffing across operational and technology functions.
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Brazil’s decline reduced reported group growth, while Entain warns further UK gambling-tax increases could threaten shops and jobs.
BetMGM's iGaming revenue exceeded its online sports betting revenue, giving investors a comparison of the operator's two businesses.
The figures show operators how sports betting outcomes affected Entain’s Italian revenue despite higher gaming volumes.
The request concerns tax rates affecting betting shops and other businesses with category B machines.
BetMGM’s revenue and adjusted EBITDA increased as the operator maintained expectations for the lower end of annual guidance.
Virtual overlays let Conmebol replace betting brands with institutional messages or other sponsors for Brazilian viewers.