LiveScore Revenue Tops £200 Million, but UK Gambling Tax Shock Threatens Profit Push
LiveScore Group, which owns both LiveScore Bet and Virgin Bet, reported a sharp jump in annual turnover, topping 200 million pounds for the first time, filings in the UK show. Despite leaving the Netherlands, robust demand in its core markets kept revenue moving higher. For the year ended March 31, 2025, turnover was up 15.3% to £206.3 million. Operating loss was slashed to £26.7 million, down from £50.7 million a year earlier. This comes at a rough moment. The company’s filing arrives just days after Britain hiked Remote Gaming Duty—online casino tax—from 21% to 40% as of April 1. Last year, LiveScore pulled in roughly 85% of revenue from the UK, and about 90% of its turnover was tied to consumer betting and gaming brands. Now, the big question: can that pace of growth survive a sharply heavier tax bill?