Entain PLC Draws Barclays 5% Stake as UK Gambling Tax Shake-Up Hits Rivals
Barclays disclosed a 5.02% stake in Entain, making it one of the bookmaker’s largest reported shareholders, according to a TR-1 filing late Monday. Most of Barclays’ holding is via swaps and derivatives, not direct shares. Entain shares fell 1.57% after results showed a statutory loss due to a £488 million impairment tied to UK tax changes. The company ended 2025 with £3.64 billion in adjusted net debt.
