Evoplay appoints Vasilena Mantsiou as new CFO
Evoplay has promoted long-serving finance lead Vasilena Mantsiou to Chief Financial Officer, strengthening its senior management team as the company continues to expand across global iGaming markets.
Evoplay has promoted long-serving finance lead Vasilena Mantsiou to Chief Financial Officer, strengthening its senior management team as the company continues to expand across global iGaming markets.
It may be a sensitive time for the gambling industry in the UK right now, but Rhodes led a powerful speech that served as a stark warning for AGCs not to let their standards slip.
Tofield succeeds Dr Jane Rigbye, who stepped down earlier this year after a three-and-a-half-year tenure.
UK Chancellor Rachel Reeves has shared the full Autumn Budget with the public, here we put the Government's motivations under the magnifying glass.
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 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.
CEO Grainne Hurst has welcomed the land-based and bingo approach while highlighting the online tax rise as "devastating."
Horseracing did not see an increase in betting duty, despite other sectors seeing taxes almost double. But will the knock-on effects from operators end up hurting horseracing anyway?