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Flutter says UK gambling duties to hit EBITDA by $320 million in 2026
Reuters· 2025-11-26 21:58
Core Insights - Flutter Entertainment, the owner of FanDuel, announced that the UK government's plans to increase online gaming taxes will significantly impact its adjusted EBITDA, estimating a reduction of approximately $320 million in fiscal 2026 and $540 million in 2027 [1] Financial Impact - The anticipated adjusted EBITDA impact for fiscal 2026 is about $320 million [1] - The projected adjusted EBITDA impact for fiscal 2027 is around $540 million [1]