Flutter Entertainment said up to 1,400 jobs are at risk in its UK and Ireland division, following staff briefings on 20 October 2026. The division has about 9,000 employees; the company attributed the restructuring to higher betting and gaming duties and expects related costs of $80m-$90m in Q4 2026.
Higher betting and gaming duties are prompting restructuring, putting up to 1,400 UK and Ireland jobs at risk and generating Q4 costs.
Quarter ended 30 September 2026
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The Betting and Gaming Council said it wants to discuss sector taxation, regulation and illegal gambling with the UK Government. The trade body said financial-risk checks should rely on accurate data and warned that unresolved concerns could drive customers towards illegal platforms; it cited 109,000 jobs, £6.8bn in gross value added and about £4bn in annual tax contributions from the regulated sector.
Flutter chief executive Dan Taylor said the company’s UK restructuring, which will cut around 1,400 jobs, is intended to protect its consumer offering. Taylor also discussed the group’s opportunity in market-making in prediction markets, according to the report.
Flutter chief executive Dan Taylor said the decision to cut around 1,400 jobs will allow the group to protect its consumer offering. Taylor described the UK restructuring as a step that would "set us up to win in a post-tax environment".
FanDuel reportedly plans to make Christian Genetski its permanent chief executive from 1 January 2027, ending his interim tenure. The reported appointment was communicated to Flutter staff, but neither Flutter nor FanDuel has confirmed it. Genetski became interim CEO in May 2026 after Amy Howe stepped down.
Christian Genetski is set to become FanDuel's permanent chief executive, after an interim stint of nearly six months. The job becomes his officially on 1 January 2027. As of the report, no confirmation of the appointment had come from Flutter or FanDuel.
Sports betting technology supplier Altenar appointed Steven Craven as chief financial officer, the company announced. Craven will oversee its financial operations and strategy as it develops its international markets. Altenar said he previously worked at PwC, Strix and PokerStars/Flutter.
Altenar has appointed Steven Craven as chief financial officer, the sports betting technology supplier announced. Craven will oversee the company's financial operations and strategy, aligning financial planning with its long-term business objectives in international markets.
Flutter Entertainment has announced plans to cut up to 1,400 jobs as part of a restructuring across its UK and Ireland operations, according to the report. The cuts are expected to affect staff in Leeds and Dublin, as well as Portugal and Romania.