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Rank Group Profit Up 21% but Tax Clouds Gather Over UK Casinos

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Rank Group grew underlying operating profit 21% to £78.6M in FY26, but profit after tax fell 23% as CEO Richard Harris warned tax hikes would force venue closures.

UKGC: Sloppy ID Checks Broke FRA Pilot Scheme

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The UKGC revealed poor operator ID verification wrecked its FRA pilot, with initials, nicknames and wrong addresses causing matching failures that undermined the frictionless check promise.

Entain Australia Grows 13% as CEE Exit Unlocks €425M

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Entain's Australia NGR rose 13% in H1 while the company sold 20% of its CEE unit for €425M to cut leverage, as it targets three New Zealand iGaming licences for 2027.

Elite Competitions Hires Bet365 Pro as UK Prize Draw VAT Hits 20%

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Elite Competitions hired a Bet365 compliance veteran as HMRC imposed 20% VAT on UK prize draws, threatening 25-30% margin cuts across the £1.3B sector.

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