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Stock impact report

Flutter Response to Tax Changes within UK Budget

Flutter Entertainment plc Ordinary Shares (FLUT) 
Company Research Source: GlobeNewswire
NEW YORK, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment plc (“Flutter”) (NYSE: FLUT; LSE: FLTR), the world's leading online sports betting and iGaming operator, notes changes to gaming taxation announced by the UK Government in its autumn budget. The changes to UK online gaming taxation include: Effective from April 2026, iGaming increases 19 percentage points to 40 percentEffective from April 2027, Sports betting (ex-horseracing) increases 10 percentage points to 25 percent The adjusted EBITDA1 impact of these changes for Flutter, before mitigation, is expected to be approximately $320m in fiscal 20262 and $540m in fiscal 20273. In the near term, Flutter expects the overall mitigation opportunity to be similar to recent precedent, with a greater relative opportunity for second order mitigation offsetting a moderately lower relative level of first order mitigation. For both Online Sports betting and iGaming tax increases, direct first order mitigation, including reduce Show less Read more
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