Macro Finance
Ladbrokes Owner Entain to Cut 2% of Staff as Taxes Hit
Bloomberg Markets·July 16, 2026·1 min read
Entain Plc, owner of Ladbrokes, will cut 500 jobs, or about 2% of its global workforce, as the gambling industry faces higher UK taxes, tighter regulation, and growing competition from prediction markets. The job cuts are part of the company's response to these mounting financial and regulatory pressures.
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