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UK gambling operators outline plans to offset higher betting taxes

Deals & M&A

Flutter Entertainment, Entain and evoke outlined expected effects and mitigation plans after the UK government announced higher gambling taxes in its Autumn Budget. Flutter forecast EBITDA impacts of $320 million in 2026 and $540 million in 2027 before mitigation; Entain cited annual additional UK and Ireland costs of £200 million, while evoke estimated £125 million to £135 million in yearly tax contributions.

The projected tax costs and mitigation plans may influence operators’ spending, staffing and product decisions in the UK.

End-of-day close Flutter (FLUT), USD, to 9 January 2026
Story date13 October 20259 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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