Flutter to cut up to 1,400 UK & Ireland jobs as it absorbs 40% Remote Gaming Duty

Flutter Entertainment will cut up to 1,400 jobs in its UK & Ireland division to offset higher UK gambling taxes. The redundancies form part of savings meant to absorb a $540m hit to 2027 adjusted EBITDA while it pushes for market share. Flutter Entertainment will shed up to 1,400 jobs in its UK & Ireland business as it absorbs higher UK gambling taxes. The owner of Paddy Power, Betfair and Sky Bet formally committed to the restructuring on 20 October 2026. The group employs 28,500 people worldwide.