Paddy Power owner Flutter cuts its outlook after a hefty quarterly loss
Summary
Paddy Power owner Flutter cut its outlook after a hefty quarterly loss, the Evening Standard and The Independent reported on Wednesday 4 November. The group recently said it would cut around 1,400 jobs in the UK and Ireland as part of an overhaul after UK gambling tax hikes, the two outlets reported.
Latest: Paddy Power owner Flutter cut its outlook after a hefty quarterly loss, the Evening Standard and The Independent reported, the group having recently said it would cut around 1,400 jobs in the UK and Ireland as part of an overhaul after UK gambling tax hikes.
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How it unfolded
Wednesday 4 November
Paddy Power owner Flutter cut its outlook after a hefty quarterly loss, the Evening Standard and The Independent reported, the group having recently said it would cut around 1,400 jobs in the UK and Ireland as part of an overhaul after UK gambling tax hikes.
- 11:14The Independent Paddy Power owner Flutter cuts outlook after hefty quarterly loss
- 11:14Evening Standard Paddy Power owner Flutter cuts outlook after hefty quarterly loss