UK gambling company Betfred has confirmed that it will cut 600 jobs and close 132 shops across the country.
UK gambling company Betfred has confirmed that it will cut 600 jobs and close 132 shops across the country.
The operator attributes these cutbacks to the impact of increased gambling taxes and other rising costs. This decision comes shortly after Entain, the parent company of Coral, Ladbrokes, and 50% of BetMGM, announced 500 job cuts of its own. Betfred's move reflects the challenges faced by operators in the UK market amidst regulatory changes.
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