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Regulus analyst questions UK operators' tax mitigation plans

Deals & M&A

A Regulus Partners analyst said mitigation measures announced by major UK operators in response to tax increases would be insufficient, according to the report. The changes are scheduled to raise remote gaming duty to 40% from 1 April 2026 and general betting duty to 25% from 2027; reported mitigation figures include 37% for Flutter, 25% for Entain and 50% for evoke in FY27.

The assessment challenges operators' expected ability to offset higher UK gambling duties through cost reductions and other measures.

End-of-day close Flutter (FLUT), USD, to 12 January 2026
Story date14 October 202512 January 2026

Related company prices

Latest reported results

Flutter NYSE: FLUT

Quarter ended 30 September 2026

Revenue
USD 3.87bn
Operating income
−USD 1.19bn10-Q filing 0001635327-26-000059

Entain LSE: ENT

Financial year ended 31 December 2025

Revenue
GBP 5.26bn
Operating income
GBP 495.7m

evoke LSE: EVOK

Quarter ended 31 December 2023

Revenue
GBP 535.8m

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