Paddy Power-owner cuts 1,400 jobs and blames betting tax rises
The government increased taxes on online casino and sports betting in last year's Budget.
According to BBC News, the government increased taxes on online casino and sports betting in last year's Budget.
This business story centres on the United Kingdom. Names and organisations mentioned in the coverage include Paddy Power-owner and Budget.
Why it matters
Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- United Kingdom · Europe
- Reported by
- BBC News
- First reported
- Key names
- Paddy Power-owner, Budget
- Section
- Business
Sources
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