Flutter Entertainment, the owner of Paddy Power and SkyBet, has announced plans to cut up to 1,400 jobs across its UK and Ireland division, blaming the 'significant increase' in betting and gaming duties imposed in last year's Autumn Budget. Around 240 jobs are at risk in Dublin, with major cuts expected in Leeds and at Flutter's support hubs in Portugal and Romania. The announcement lands days before Chancellor John Healey's first budget, intensifying a political debate over gambling taxation.
company
Flutter Entertainment
Gambling company owner of Paddy Power, Sky Bet and Betfair