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Paddy Power owner Flutter cuts outlook after hefty quarterly loss

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Paddy Power owner Flutter cuts outlook after hefty quarterly loss
Photo / Coverage: The Independent - BusinessCredit: Holly Williams
EXECUTIVE SUMMARY

The group recently said it would cut around 1,400 jobs in the UK and Ireland as part of an overhaul after UK gambling tax hikes.

Key Takeaways

  • Paddy Power owner Flutter cuts outlook after hefty quarterly loss.
  • The group recently said it would cut around 1,400 jobs in the UK and Ireland as part of an overhaul after UK gambling tax hikes.
  • The group recently said it would cut around 1,400 jobs in the UK and Ireland as part of an overhaul after UK gambling tax hikes.

The group recently said it would cut around 1,400 jobs in the UK and Ireland as part of an overhaul after UK gambling tax hikes.

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Published originally on The Independent - Business

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