US EditionPublished • loading... • Updated
Paddy Power to close 57 shops with 250 jobs at risk
The closures follow a review of high street shops amid rising costs and market challenges, putting 247 jobs at risk across Paddy Power’s UK and Ireland outlets.
- Paddy Power, owned by Flutter Entertainment, will close 57 betting shops across the UK and Ireland, putting nearly 250 workers at risk of redundancy.
- Flutter attributed the closures to "increasing cost pressures and challenging market conditions", while warning that "a higher gambling tax could have a significant impact on jobs and investment across the industry".
- Evoke, which owns William Hill, is also considering "further shop closures" if additional tax rises are imposed in the UK, potentially putting 1,500 jobs at risk.
Insights by Ground AI
28 Articles
28 Articles
Coverage Details
Total News Sources28
Leaning Left7Leaning Right2Center13Last UpdatedBias Distribution59% Center
Bias Distribution
- 59% of the sources are Center
59% Center
L 32%
C 59%
Factuality
To view factuality data please Upgrade to Premium
