Paddy Power-owner cuts 1,400 jobs and blames betting tax rises

Reported by BBC Business · Published 20 Oct 2026, 7:47 PM MYT (56 min ago)

Summary

The government increased taxes on online casino and sports betting in last year's Budget.

Source & full coverage: this summary is aggregated from BBC Business, the original publisher. Read the complete report for full context, data and quotes.

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Paddy Power-owner cuts 1,400 jobs and blames betting tax rises

Summary

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