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The Independent UK
The Independent UK
Business
Henry Saker-Clark and Liam Gilliver

Paddy Power owner Flutter unveils cuts to 1,400 jobs after UK gaming tax hike

Flutter says it cannot absorb the full cost of the tax hike -

The world’s leading online sports betting and iGaming operator Flutter, who owns Paddy Power, is slated to cut up to 1,400 jobs in the UK and Ireland

Flutter announced the axing on Tuesday, blaming the UK government’s decision last year to increase gaming taxation in the Autumn Budget.

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