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    Home > Finance > Flutter says UK gambling duties to hit EBITDA by $320 million in 2026
    Finance

    Flutter says UK gambling duties to hit EBITDA by $320 million in 2026

    Published by Global Banking and Finance Review

    Posted on November 27, 2025

    1 min read

    Last updated: January 20, 2026

    Flutter says UK gambling duties to hit EBITDA by $320 million in 2026 - Finance news and analysis from Global Banking & Finance Review
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    Tags:tax administrationfinancial marketsUK economy

    Quick Summary

    Flutter Entertainment anticipates a $320 million EBITDA impact in 2026 due to UK gambling tax hikes, with further increases expected in 2027.

    Flutter Projects $320M EBITDA Impact from UK Gambling Tax Hike

    (Reuters) -FanDuel-owner Flutter Entertainment said on Wednesday the UK government's plans to raise online gaming taxes will hit its adjusted EBITDA by about $320 million in fiscal 2026 and $540 million in 2027 before it can mitigate the impact.

    British finance minister Rachel Reeves earlier today said the tax rate on online gaming will rise to 40% from 21%, while sports betting will increase to 25% from 15%.

    (Reporting by Bipasha Dey in Bengaluru; Editing by Leroy Leo)

    Key Takeaways

    • •Flutter Entertainment expects a $320 million EBITDA hit in 2026.
    • •UK online gaming tax will rise to 40% from 21%.
    • •Sports betting tax will increase to 25% from 15%.
    • •The impact is projected to be $540 million in 2027.
    • •Mitigation strategies are expected post-2027.

    Frequently Asked Questions about Flutter says UK gambling duties to hit EBITDA by $320 million in 2026

    1What is EBITDA?

    EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure used to analyze a company's operating performance and profitability.

    2What is online gaming tax?

    Online gaming tax refers to taxes imposed on the revenue generated by online gambling activities. In the UK, the tax rate for online gaming is set to increase significantly.

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