Flutter says UK tax rise could help it gain share as Sky Bet recovers
Deals & M&A · SectorWire deskSource published
Summary
Flutter Entertainment said higher UK gambling taxes could let its scale win market share as smaller rivals pull back. The tax rise, effective in April, contributed to a 45% fall in second-quarter adjusted EBITDA, the company said. Flutter reported Sky Betting & Gaming recovered strongly in June after its April platform migration.
Why it matters
Flutter's scale and cost savings may let it absorb higher UK taxes better than smaller rivals, potentially shifting market share.
Last close USD 89.56 on 18 September 2026. USD 93.01 on the story date (6 August 2026). Range USD 89.56 to 112.40, axis not from zero. Delayed end-of-day data, not live. Not investment advice.
Cite as: SectorWire, “Flutter says UK tax rise could help it gain share as Sky Bet recovers”, 6 August 2026, https://sectorwire.news/item/flutter-says-uk-tax-rise-could-help-it-gain-share-as-sky-bet-recovers/
Key facts
- Parties
- Flutter, Sky Betting & Gaming
- Market
- UK
- Shares
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