Flutter Entertainment plc
Flutter Entertainment Discloses Impact of UK Gaming Tax Changes
Summary
On November 26, 2025, Flutter Entertainment plc announced via press release changes to UK online gaming taxation, which will increase iGaming tax to 40% from April 2026 and sports betting tax to 25% from April 2027. The company estimates these tax changes will reduce adjusted EBITDA by approximately $320 million in fiscal 2026 and $540 million in fiscal 2027. Flutter expects to mitigate these impacts through operational efficiencies and market share gains.
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About Flutter Entertainment plc
Flutter Entertainment plc is a global sports betting and gaming company, recognized as a leader in the online entertainment industry. The company is known for its dynamic portfolio of popular brands, including Paddy Power, Betfair, PokerStars, and FanDuel, each catering to varied segments of the sports betting and gaming markets. Flutter Entertainment focuses on delivering thrilling experiences through innovative technology platforms that support online wagering, live sports betting, and an array of casino games. With a strong presence in Europe, North America, and other international markets, Flutter Entertainment leverages a mix of local expertise and global resources to maintain its competitive edge. The company also emphasizes responsible gaming practices, investing in resources to ensure safe and enjoyable user experiences. In the financial market, Flutter Entertainment plc holds significant market influence, driven by its extensive customer base, diversified product offerings, and strategic acquisitions. It continues to play a vital role in the evolution of the online betting landscape, adapting to regulatory changes and technological advancements while seeking sustainable growth across its operations.
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