FTSE 100 Live: London house prices fall amid Budget jitters November 28, 2025 Welcome back to the City AM liveblog. Markets were still digesting the twist, turns and taxes of the Autumn Budget on Thursday, with ministers taking to the media to defend the £26bn cash raid. A number of businesses began weighing in, including Britain’s bookies, which were in the firing line when Reeves took to the [...]
FTSE 100 Live: Entain, Flutter sound alarm in Reeves’ tax raid aftermath November 27, 2025 Good morning and welcome back to the City AM liveblog. The dust has settled on the Labour government’s second Autumn Budget and Brits have been left reeling from a £26bn tax raid. Taxes collected as a share of GDP are set to jump to an all-time high in the coming years, according to the Office [...]
Autumn Budget: Shares tumble as Reeves taxes bookies higher November 26, 2025 Shares in British betting and gaming firms, including Entain, William Hill UK, Evoke, and Flutter, fell sharply after Rachel Reeves revealed upcoming increases in gambling duties in her Autumn Budget. Shares in those and other publicly-listed companies were down between one and 19 per cent by 12:38 on Wednesday. The forcasted tax changes sent investors [...]
Budget: Odds to be slashed if betting industry taxed higher, Reeves warned November 25, 2025 Tax rises for the betting sector in tomorrow’s Budget could leave punters with worse odds across all sports, say industry spokespeople. Chancellor Rachel Reeves may target so-called “sin taxes” on Wednesday as she looks to fill a fiscal black hole, with the gambling sector expected to be hit. Reeves could exempt flutters on horse racing [...]
William Hill could close 200 betting shops as gambling industry faces mounting tax pressure October 12, 2025 William Hill is eyeing shutting 200 of its UK betting shops as parent company Evoke looks to steady its heavily indebted balance sheet ahead of a potential tax raid in next month’s budget. The move comes as the Gambling Commission and Treasury consider tougher rules and levies for the gambling sector, which has already been [...]
Ladbrokes and Coral owner files copyright claim against matched betting rival firms October 3, 2025 Entain, the owner of Ladbrokes and Coral, has filed an intellectual property lawsuit against two of the largest matched betting companies, OddsMonkey and Outplayed. The claim, filed with the English High Court by law firm Wiggin, alleges unauthorised use of its brand logos and copyrighted materials, with Entain describing the matched betting business model as [...]
Fraud prevention firm SEON raises $80m amid growing compliance demands September 16, 2025 SEON, an AI-driven fraud prevention and compliance platform, has closed an $80m (£58.7m) Series C funding round led by Sixth Street Growth, bringing total investment to $187m. The company, based in Budapest and Austin, analyses tens of millions of customer interactions daily for clients including Revolut, Plaid, Spotify, Afterpay, and Entain. Its platform, delivered via [...]
CPS charges former Entain execs over alleged bribery August 28, 2025 The Crown Prosecution Service (CPS) has charged 11 individuals, including five former Entain executives, with several offences, including bribery and conspiracy to defraud, in connection with its investigation into the company’s former Turkish business. Commenting in a press statement, CPS’s chief crown prosecutor, Hannah von Dadelsze, confirmed that it was authorised to prosecute 11 individuals [...]
Entain: US Open set to be most bet-on grand slam ever August 24, 2025 Betting on tennis is soaring with the US Open at Flushing Meadows set to be the most bet-on grand slam in history. Ladbrokes, Coral and BetMGM owner Entain is forecasting the coming major, which begins in New York later today, to smash betting records across tennis. The racket sport has climbed into the top two [...]
Entain cashes in as BetMGM partnership pays off August 12, 2025 Gambling giant Entain has posted first-half year results ahead of expectations, driven by a strong recovery in its online division and an accelerating performance from its US joint venture, BetMGM. The FTSE 100 operator behind brands like Ladbrokes and Coral reported its total Group Net Gaming Revenue (NGR), including its 50 per cent share of [...]