UK Budget receives Super Group endorsement amid heavy opposition
CEO Neal Menashe described the RGD increases as 'reasonable taxation of online gaming' and expects the government to provide 'strict enforcement' of non-paying offshore operators.
CEO Neal Menashe described the RGD increases as 'reasonable taxation of online gaming' and expects the government to provide 'strict enforcement' of non-paying offshore operators.
Flutter explained the UK Autumn Budget Statement will result in an approximate $320m adjusted EBITDA impact throughout FY2026, as well as a $540m impact for FY2027.
The operator anticipates an additional cost of approximately £200m each year following the new Budget's introduction, while Evoke estimated £125-135m in annual duty costs.
The previous agreement formed between the two entities was set to expire on December 31, 2025, as Kambi currently supports 30 Penn Entertainment properties in 13 US states.
The operator stated increases in tax payments are proportionately offset by a £6m benefit 'arising from the abolition of bingo duty' as part of the UK Autumn Budget 2025 statement.
The operator formed a multi-year partnership with the Kansas City Royals MLB franchise to gain market access in Missouri but was still under review for a sports betting license from the MGC.
VP of Interactive Gaming Lee Terfloth stated Delaware North is focused on building upon its Southland Casino Hotel operations in Arkansas as well as Betly's presence within the market.
The $1.35bn in total gaming revenue produced throughout October was primarily accounted for by the Clark County area, which increased revenue by 5% year-over-year for a total of $1.17bn.
Both companies expect the transaction to be approved by relevant regulatory bodies during the first quarter of 2026, with Mississippi's approval having been obtained in November 2025.
Borgata Hotel Casino & Spa, Caesars Atlantic City, Golden Nugget, Hard Rock Hotel & Casino Atlantic City, Ocean Casino Resort and Resorts Atlantic City all took part in the contribution.