Impact of the UK Autumn Budget

Summary by AI BETAClose X

Playtech plc has announced the impact of the UK Autumn Budget, which includes an increase in Remote Gaming Duty from 21% to 40% effective April 2026 and a new Remote Betting Rate of 25% within General Betting Duty from April 2027. The company estimates this will affect 2026 Group Adjusted EBITDA by up to high-teens millions of euros before mitigation. Despite this, Playtech remains confident in meeting full-year 2026 market expectations due to its geographic diversification and strong performance outside the UK.

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Companies

Playtech (PTEC)
UK 100

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