Flutter shifts Sky Bet operations to Malta amid restructuring
Flutter Entertainment has transferred Sky Bet’s sports betting operations to its Maltese branch of SBG Sports Limited, with commercial and marketing decisions beginning to move on 1 November, according to the report. The company attributed the restructuring to regulatory burdens and a more pragmatic operating model, while acknowledging tax implications; the report said the change could reduce UK tax liabilities but gave no confirmed saving.
The transfer changes Sky Bet’s operating structure and could affect its UK tax position and staffing.