Gambling giant blames job cuts on Burnham high street crackdown Retail Ladbrokes owner Entain has hit out at Andy Burnham’s plans to shake up the high street as the gambling giant blamed the Prime Minister for its decision to cut 400 jobs. The group, which also owns Coral, has announced that it will cut about a fifth of the headcount of its global customer care team, [...]
Ladbrokes-owner and Aston Martin on chopping block in FTSE reshuffle Markets Ladbrokes-owner Entain and Aston Martin are among a handful of firms facing the chopping block in the looming quarterly reshuffle of the London market indices. Entain is slated to tumble out of the FTSE 100 after a bruising period, made worse by the increase of taxes on bookies. The betting business “has battled with high [...]
Big Four KPMG cleared as regulator drops Entain audit probe Big Four The regulator has closed a probe into the Big Four giant, KPMG, over its audit of the Ladbrokes owner, Entain. In January 2025, the Financial Reporting Council (FRC) announced an investigation into Entain regarding its financial statements for the year ended 31 December 2022. At the time, a KPMG UK spokesperson said: “We will cooperate [...]
Entain losses deepen as Budget gambling tax bites March 5, 2026 Britain’s new gambling tax regime has delivered an early sting for Entain, pushing the Ladbrokes owner to a wider annual loss even as its core betting business continued to grow. The FTSE-listed bookmaker said it swung to a loss of £681m for 2025, compared with £461m a year earlier, after booking a £488m impairment linked to [...]
Premier League must ditch unlicensed betting firms immediately, says Entain February 24, 2026 Entain, the parent company of betting brands Ladbrokes and Coral, has called on the Premier League to impose an immediate ban on the advertising of gambling firms without UK licences. The bookmaking giant has urged England top football clubs to halt pitchside advertising of betting companies targeted at overseas gamblers straight away and commit to [...]
Coral ditches Cheltenham Festival as Reeves tax rises on gambling bite January 28, 2026 Betting giant Coral has ditched the Cheltenham Festival after over 50 years due to government taxes on gambling. Duty on UK horse racing wagers was exempted from Chancellor Rachel Reeves’ Budget last autumn but taxes on remote sports betting will be hiked from 15 per cent to 25 per cent in 2027. Coral’s parent firm [...]
The top 20 sporting events by bets placed in 2025, according to Entain December 31, 2025 Betting behemoth Entain has revealed the sporting events punters bet on the most during 2025. The iconic Grand National, run at Aintree, maintained its top spot but the number of footballing events in the top 50 fell slightly, largely down to 2025 being a year without a major men’s tournament. The Grand National was joined [...]
William Hill-owner Evoke mulls sale after Budget raid December 10, 2025 William Hill-owner Evoke is considering whether to sell itself or break up parts of its business in response to the government’s multibillion pound raid on gambling firms at last month’s Budget. The betting giant, which also owns the 888 brands and Mr Green online casino, told investors that it had kicked off a strategic review [...]
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 [...]
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 [...]