Flutter plans up to 1,400 job cuts in UK and Ireland

Flutter Entertainment plans to restructure its UK and Ireland division, with up to about 1,400 jobs potentially affected as the company seeks to reduce costs following increases in gambling duties. The proposed redundancies are expected to affect employees in Leeds and Dublin, as well as workers at company hubs in Porto, Portugal, and Cluj-Napoca, Romania. Flutter has not provided a final number of job losses or a breakdown by location. Its UK and Ireland workforce numbers 8,960, and the company expects staff in that division to bear the brunt of the cuts. Kevin Harrington, chief executive of Flutter’s UK and Ireland business, said the higher betting and gaming duties had changed the economics of the regulated market. He said the company could not absorb the increase without reducing its fixed costs and needed to restructure its business. Flutter has also said it expects the tax changes to have a significant effect on the wider market. Remote gaming duty on online casino-style games rose from 21% to 40% in April 2026. Remote betting duty is scheduled to increase from 15% to 25% in April 2027. The increases were announced in the UK government’s 2025 autumn Budget. Flutter...