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    Betfred Follows Entain in Making Huge Job Cuts as UK Tax Increases Hit

    Betfred is set to cut 600 jobs and close 132 shops across the UK, citing increased gambling taxes and rising operational costs. This move follows similar job cuts by Entain earlier in the year, indicating a broader trend of cost-cutting within the UK gambling industry due to financial pressures.

    Summary based on reporting by Casino Beats, which retains all rights to its text and images.

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    Aristocrat posts 13% earnings growth for 2025/2026 FY, returns $1.29 billion to shareholders

    Aristocrat posts 13% earnings growth for 2025/2026 FY, returns $1.29 billion to shareholders

    Aristocrat Leisure Limited reported a 13% increase in normalized earnings per share before amortization (EPSA) in constant currency for the 2025/2026 financial year ended September 30, 2026. The Australian gaming company generated normalized net profit after tax and amortization (NPATA) of A$1.58 billion. During the period, Aristocrat returned approximately A$1.9 billion ($1.29 billion) to shareholders through dividends and share buybacks.