William Hill owner Evoke considers sale or breakup after budget tax rises
Value of heavily indebted company has plummeted more than 90% since it bought chain of 1,400 bookmakersBusiness live – latest updatesEvoke, the FTSE-listed gambling company that owns William Hill and the 888 online casino brand, has said it is considering a sale or breakup of the group, after...
<p>Value of heavily indebted company has plummeted more than 90% since it bought chain of 1,400 bookmakers</p><ul><li><p><a href="https://www.theguardian.com/business/live/2025/dec/10/elon-musk-spacex-one-point-five-trillion-valuation-silver-record-stock-markets-federal-reserve-business-live-news-updates">Business live – latest updates</a></p></li></ul><p>Evoke, the FTSE-listed gambling company that owns William Hill and the 888 online casino brand, has said it is considering a sale or breakup of the group, after warning of a <a href="https://www.theguardian.com/society/2025/nov/26/online-betting-firms-tax-gaming-duty-uk-reeves-budget">£135m hit from tax increases announced in last month’s budget</a>.</p><p>In a statement to the stock market, the heavily indebted company said it had appointed bankers at Morgan Stanley and Rothschild to explore potential options to secure its future.</p> <a href="https://www.theguardian.com/society/2025/dec/10/william-hill-evoke-sale-budget-tax-rises-bookmakers-888-online-casino">Continue reading...</a>
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