Brief: Entain Estimates £25 Mln Annual Cost From UK Tax Hike, Maintains FY26 Guidance
28/10/2026 16:47
BRIEF-Entain Estimates £25 Mln Annual Cost From UK Tax Hike, Maintains FY26 Guidance Oct 28 (Reuters) - Entain PLC ENT.L:
ENTAIN PLC - STATEMENT REGARDING UK GAMBLING TAX INCREASES
ENTAIN - ESTIMATES £25 MILLION ANNUALISED ADDITIONAL COST TO UK&I RETAIL BUSINESS
ENTAIN - FY26 GUIDANCE AND £500 MILLION ANNUAL ADJUSTED CASHFLOW IN 2028 REMAIN UNCHANGED
ENTAIN: "DISAPPOINTED" BY UK GOVERNMENT'S DECISION TO INCREASE TAX BURDEN ON AN "ALREADY HIGHLY TAXED INDUSTRY"
ENTAIN: WILL CONTINUE TO TAKE DECISIVE ACTIONS TO NAVIGATE AND MITIGATE IMPACT OF THESE ADDITIONAL TAXES
ENTAIN: EXPECTS TO BE ABLE TO FULLY MITIGATE IMPACT OF LATEST TAX INCREASE BY END OF 2028
Source text: ID:nRSb8669Aa
Further company coverage: ENT.L
(Reporting by Zakia Mariyam)
((Zakia.Mariyam@thomsonreuters.com;))