1035 GMT - Most of London-listed gambling stocks aren't entirely dependent on the U.K., AJ Bell's Russ Mould writes in a note, after the sector was hit by the U.K. government's planned tax increases. Most of these companies generate revenue across multiple markets, which helps mitigate the impact of the changes, he says. However, the duty hikes still pose a challenge for the managements, forcing them to adapt the allocation of marketing budgets, resources, and operational priorities, he adds. Entain, Rank and Evoke stocks are down 0.1%, 8.6% and 7%, respectively. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
November 27, 2025 05:35 ET (10:35 GMT)
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