Flutter “very well placed” to navigate tax hikes, says CFO

Flutter “very well placed” to navigate tax hikes, says CFO

Flutter Entertainment CFO Rob Coldrake has expressed confidence that the operator is better equipped to deal with any potential tax increases in the US than its competitors. So far this year, Maryland has approved a tax increase from 15% to 20%, while Louisiana lawmakers have also signed a new 21.5% tax rate into law. Illinois also introduced a state budget which will see operators charged $0.25 on the first 20 million wagers accepted in a given…