Entain to cut 500 roles globally, says tax hike not the cause

Entain will cut 500 roles globally, and the operator has stressed the move is not a reaction to the UK tax hike. The operator said the cuts would largely impact operational functions like its people and finance departments, as well as those in product and tech.

Entain said the reductions target operational functions first, with people and finance departments among those named. Product and tech roles were also identified as areas likely to be affected by the cuts.

The firm stressed the decision was not a response to the UK tax hike, framing the move as a separate operational change rather than a direct reaction to taxation. The operator made these comments when outlining the scope of the reductions.