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William Hill owner Evoke announces possible sale after UK tax hit

Financial Times
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William Hill owner Evoke announces possible sale after UK tax hit

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Evoke, owner of William Hill and 888, was one of the biggest losers from the Budget, in which Rachel Reeves’ announced steep tax rises on the online gambling sector © BloombergWilliam Hill owner Evoke announces possible sale after UK tax hit on x (opens in a new window)William Hill owner Evoke announces possible sale after UK tax hit on facebook (opens in a new window)William Hill owner Evoke announces possible sale after UK tax hit on linkedin (opens in a new window)William Hill owner Evoke announces possible sale after UK tax hit on whatsapp (opens in a new window) Save William Hill owner Evoke announces possible sale after UK tax hit on x (opens in a new window)William Hill owner Evoke announces possible sale after UK tax hit on facebook (opens in a new window)William Hill owner Evoke announces possible sale after UK tax hit on linkedin (opens in a new window)William Hill owner Evoke announces possible sale after UK tax hit on whatsapp (opens in a new window) Save Stephanie Stacey in LondonPublishedDecember 10 2025Jump to comments sectionPrint this pageUnlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK gambling company Evoke, the owner of William Hill and 888, has put itself up for sale after it was hit with steep tax rises in last month’s Budget.Shares climbed more than 10 per cent after the London-listed gambling company said on Wednesday it was launching “a strategic review” that could include “a potential sale of the group or some of its assets and business units”.The company has appointed Morgan Stanley and Rothschild & Co as joint financial advisers.Evoke was one of the biggest losers from chancellor Rachel Reeves’ steep tax rises on the online gambling sector. The group’s shares dropped by a third in the week following the Budget, as it ditched its financial targets and warned it could cut thousands of jobs.Reuse this content (opens in new window) CommentsJump to comments sectionPromoted Content Follow the topics in this article Gambling industry Add to myFT UK companies Add to myFT Travel & leisure industry Add to myFT UK tax Add to myFT Evoke Plc Add to myFT CommentsUK gambling company Evoke, the owner of William Hill and 888, has put itself up for sale after it was hit with steep tax rises in last month’s Budget.Shares climbed more than 10 per cent after the London-listed gambling company said on Wednesday it was launching “a strategic review” that could include “a potential sale of the group or some of its assets and business units”.The company has appointed Morgan Stanley and Rothschild & Co as joint financial advisers.Evoke was one of the biggest losers from chancellor Rachel Reeves’ steep tax rises on the online gambling sector. The group’s shares dropped by a third in the week following the Budget, as it ditched its financial targets and warned it could cut thousands of jobs.

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Source: Financial Times