Business
Featured news
Latest News
974
Entain’s online revenue jumps 14%, but Brazil’s 36% fall limits group growth
The regional split left group growth at 2%. Entain kept 2026 guidance unchanged, with earnings expected near the lower end of its range.
798
Rank’s UK Growth Faces a Tax Test as Three Venues Close
Rank’s revenue rose 5%, but a possible Machine Games Duty increase could determine whether more UK venues survive.
1258
Entain’s UK rebound faces a tougher global test
UK and Ireland online revenue rose 14%, but Brazil and customer-friendly football results limited Entain’s wider online growth to 3%.
1003
Matchbook Takes Over Betdaq, Leaving Britain’s Betting Exchanges With Fewer Choices
Matchbook has completed its Betdaq takeover. Trading ends on October 21, giving customers until November 4 to withdraw available funds.
1018
Betfred’s £995.6m Accounts Show Why Its Shop Network Is Shrinking
Betfred made £39.6m after tax on almost £1bn turnover as higher gambling duties and 132 planned closures put its retail model under pressure.
1313
Buzz Bingo Sale Puts Britain’s Club Revival on a Tax Collision Course
ICG is exploring a Buzz Bingo sale after revenue growth, but a possible machine tax rise could undermine the chain’s recovery.
1001
Gambling Commission Searches for £190,000 Chief as Britain Tightens Oversight
The regulator has opened applications for a permanent chief executive. The choice could shape enforcement, consumer protection and the illegal-market fight.
1542
Flutter’s £500m Tax Hit Puts Britain’s Black Market Gambling Risk Under Pressure
Flutter expects a £500 million UK tax impact, but warns higher duties could drive more customers towards unlicensed gambling sites.
949
Midnite’s NFL Deal Puts Its UK Expansion to the Ultimate Visibility Test
Midnite gains NFL rights across the UK and Ireland through March 2029. Can broadcast reach become durable growth in regulated betting?
1127
IG Group’s $1.3bn Underdog Bet Faces a Revenue Test
IG Group has cut its 2026 growth outlook as its core business slows and investors assess the $1.3bn Underdog acquisition.
1128
Neil Banbury Takes Over Sky Betting as UK Gambling Taxes Rise
The former Kindred executive starts at Sky Betting on October 1, facing higher taxes, tighter oversight and a costly 2027 duty change.
1076
Informa’s £2.24bn Clarion takeover puts ICE and iGB under one global events giant
Informa will buy Clarion from Blackstone, reshaping ICE and iGB while opening the way for Taylor & Francis to leave the group.
1102
A 40% Machine Games Duty Rate Could Put £92m of Racing Income at Risk
Regulus Partners warns a 40% rate could close 4,000 shops, threaten £92 million for racing and even reduce Treasury receipts.
974
Lords Gambling Ad Ban Puts Licensed Operators Under Pressure
A Lords committee wants a comprehensive gambling advertising ban. The next fight is over harm, licensed businesses and the illegal market.
1196
£50m Casino Investment at Risk as UK Tax Battle Escalates
A proposed machine-tax rise could threaten £50 million in casino projects, but the 40% rate is not law and its impact remains disputed.
743
Bookmakers Warned of Black Market as Shared Supplier Took Offshore Casino Revenue
A leaked SIS contract and £37 million in dividends expose a governance clash at the heart of Britain’s regulated gambling industry.