UK Online Gambling Tax: Winners And Losers

Betfair will see its earnings hit harder by the UK’s planned online gambling tax than peers Ladbrokes, Paddy Power and William Hill, according to analysts at Jefferies.

On Tuesday Jefferies’ analyst team laid out the estimated pro-forma impact on profitability at the four publicly listed betting companies should a 15 percent tax on UK-derived gross gaming revenue be implemented in December 2014.

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