Racing Post·6 min read

Ladbrokes and Coral owner Entain set to cut up to 400 jobs

B
Bill Barber
Ladbrokes and Coral owner Entain set to cut up to 400 jobs
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The Financial Times reported on Wednesday that chancellor John Healey was considering raising MGD and targeting adult gaming centres and betting shops.

It quoted a "government insider" as saying: “John doesn’t want to stop working people having fun in traditional venues or putting 2p into a slot machine in a seaside arcade. But that is different to these adult gaming centres."

David told the prime minister that Entain's shops contribute about £50 million each year to British horseracing, as well as supporting greyhound racing.

She wrote: "Fewer viable shops would therefore have consequences not only for our own colleagues and high streets, but for jobs and livelihoods across both racing industries.

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