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How to play True Kult
The company reported approximately £3.6 billion of net debt at the end of June, with reported leverage of 3.1x underlying EBITDA. Online underlying EBITDA fell 5% in the first half despite 7% growth in online net gaming revenue. The tax impact has been substantial.
The UK government increased Remote Gaming Duty (RGD) from 21% to 40% from 1 April. Then from April 2027, a new 25% General Betting Duty rate for remote betting will apply, although remote bets on UK horse racing are excluded from the new rate.
Entain said the higher RGD had a £56 million negative impact on first-half EBITDA. In Britain, operators are dealing with government policy and higher taxes. In America, the main threat is competition. The problems are different, but they hit the same group of stocks.
What is True Kult?
The title doesn’t come from Push Gaming’s main studio. It comes from Reel Hot Games, the sub-brand that handles the developer’s fruit, sevens, and Vegas-style output. That distinction matters. It positions Flaming Streaks as a deliberate return to old-school territory rather than a headline release aimed at the high-volatility audience Push Gaming is better known for.
For a studio associated with feature-heavy, high-ceiling slots, a compact throwback with a modest max win reflects a strategy of keeping a lighter, nostalgia-driven strand running alongside its flagship work.
The most useful hook for slots readers isn’t the fruit-and-sevens dressing. It’s the way Flaming Streaks structures its payouts. Both of the game’s core features are designed to guarantee a win, and that approach shapes the entire proposition.
What is True Kult?
Leeds United vs. Aston Villa (5.30pm GMT kick-off)
Our tip: Jack Harrison to score and Leeds to win (4/1)
Newcastle United vs. Wolverhampton Wanderers (8pm GMT kick-off)