Gambling Shares Lose £4bn in Value Amid Fears of Reeves Tax Raid
We’ve just seen a major shake-up in gambling shares in the market. Shares across big companies like Flutter, Entain, and Evoke tumbled sharply. Together, they lost over £4 billion in value in one day. This happened after reports that Chancellor Rachel Reeves may raise taxes on the industry in the autumn Budget, which many are calling a “tax raid.”
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