Scale will win in UK, but black market is the real risk says Flutter MD
By The Weekly Edge desk ·
Summary
Flutter expects to gain UK market share as the remote gaming tax increase puts pressure on smaller operators. Managing director Richard Clarke said the company expects a £500 million impact from next year and warned that growth in unlicensed gambling could outweigh gains in the regulated market.
Why it matters
Flutter expects the tax increase to pressure smaller operators and warns unlicensed gambling could grow.