Eurotrack

Layoffs

Report: Entain to cut around 500 jobs worldwide

Location
London · 🇬🇧 United Kingdom
Company
Entain (Ladbrokes, Coral, bwin)
Sector
Gambling & betting
Affected staff
500

Reported (first by Bloomberg, 16 July): betting group Entain (Ladbrokes, Coral, bwin) is cutting around 500 jobs worldwide, about 2% of its workforce, mainly in product, technology and corporate functions. The cuts are driven by higher UK gambling taxes and growing competition from prediction markets.

Source: pressdigital.es ↗ · Archived copy ↗

Evidence: one source · based on reports (not independently confirmed) · How well sourced is Eurotrack?

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