Flutter cuts up to 1,400 UK&I jobs as tax rises hit Leeds and Dublin under Dan Taylor

Flutter Entertainment is starting Dan Taylor’s tenure as group CEO with a shrinking of its home markets: up to 1,400 jobs are set to go across the UK&I business, with Leeds and Dublin taking the biggest hit. For payment providers, the important part is simple enough: tax changes are now feeding directly into operating-cost cuts at one of the region’s largest regulated gaming groups.

1. Leeds and Dublin are the main centres of the restructuring. More than 450 roles are at risk in Leeds, where Flutter employs around 1,700 people, and around 240 jobs are under threat in Dublin, according to RTÉ. The Dublin cuts are concentrated at the group’s Clonskeagh headquarters, which employs 1,770 people. Staff across finance, HR, technology, training and legal will be offered voluntary redundancy.
2. Flutter says the move is a response to the UK tax changes now hitting the sector. Remote gaming duty rose from 21% to 40% in April, and remote betting duty is due to climb from 15% to 25% in April 2027. Flutter expects those changes to cost $540 million in adjusted EBITDA in 2027. Kevin Harrington, Flutter’s UK&I CEO, said the tax rises had “fundamentally changed” the economic models of regulated operators in the market.
3. The scale matters because this is not a small trim. Reuters said up to 1,400 roles equates to almost 16% of Flutter’s 9,000-strong UK&I workforce. The company is also cutting in its offshore hubs: Betfair Romania Development said around 300 employees in its UK&I teams in Cluj-Napoca are set to leave once the process concludes, while UK&I staff in Porto are also affected.
4. The retail estate is not part of this round. Flutter said its betting shops are outside the latest restructuring, although last month it revealed plans to close up to 100 Paddy Power shops, with 400 jobs at risk. The Irish Examiner reported that individual betting shops in Ireland will not be hit by the latest cuts.
5. The timing is the point. Taylor officially replaced Peter Jackson on 1 October, after running Flutter’s international division and then serving as group president from May, with responsibility for fixing underperforming US operations, according to the Irish Examiner. His first major move in the top job is to contract the group’s founding markets, after a bruising year in which Flutter’s share price has fallen more than 65% over the past 12 months, according to the Racing Post.