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STOCKS | Entain to Cut 500 Jobs as UK Taxes Bite

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2026-07-16 15:11:24
Entain Plc plans to cut 500 jobs, or about 2% of its global workforce, as higher UK taxes, tighter regulation and rising competition from prediction markets pressure the gambling industry, according to Bloomberg.

The Ladbrokes owner is moving to reduce costs amid the tougher operating backdrop.
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