For many people in this sport, 1,400 redundancies at Flutter will mean little. A global gambling giant is tightening its belt as complex compliance costs rise, revenue declines and taxes increase. Some people will see this as justice for a pariah in society that has profited from punters’ losses and earned millions.
Everyone is entitled to their own opinions, but if you are going to read this with the mindset that Ruby Walsh is just defending Paddy Power, save yourself the five minutes and move on.
Globally, Flutter employs just over 34,000 people, but 25 per cent of that workforce is based in northern Europe, where most of the cuts are taking place.
