William Hill owner suffers £46m tax hike blow ahead of £243m takeover

Bingo halls at risk if Burnham hikes taxes, Mecca Bingo owner warns

Britain’s “much-loved” bingo halls are at risk if the Andy Burnham commits to a £460m hike on gambling taxes, the owner of Grosvenor Casinos and Mecca Bingo has said. Richard Harris, chief executive of Rank Group, said on Thursday: “Tax proposals from anti-gambling campaigners continue to cast clouds over a regulated industry that is proud to support jobs across the country [and] deliver great hospitality experiences to millions of customers.” T…

William Hill owner hit with huge £46million tax blow ahead of takeover

William Hill owner Evoke has revealed a £46million hit from higher gaming taxes, sending adjusted earnings down by a tenth in the first half of 2026.The London-listed gambling group reported adjusted earnings of £150.2million for the six months ending June 30, down from the same period a year earlier.Evoke is now preparing for a £243.1million takeover by Greek betting group Bally's Intralot, with the deal valuing the company at 52p per share.The…

William Hill owner Evoke takes £46m hit from higher gambling taxes as it shuts shops ahead of takeover

The tax rises, announced by the government in November 2025, prompted Evoke’s strategic review that led to the takeover agreement reached in June. Source link : https://www.dailymail.com/money/markets/article-16046447/William-Hill-owner-Evoke-takes-46m-hit-higher-gambling-taxes-shuts-shops-ahead-takeover.html?ns_mchannel=rss&ito=1490&ns_campaign=1490 Author : Publish date : 2026-08-12 09:05:00 Copyright for syndicated content belongs to the link…

One in five William Hill betting shops have shut amid Labour tax raid

William Hill has closed more than a fifth of its betting shops in the past year with the loss of hundreds of jobs as it is battered by Labour's tax raid on the gambling industry.

William Hill owner suffers £46m tax hike blow ahead of £243m takeover

Evoke saw underlying earnings slump 10% to £150.2 million in the six months to June 30.

Evoke shows tax scars ahead of M&A transformation

In the midst of its acquisition by Bally’s Intralot, William Hill parent company Evoke remains in more or less the exact same financial position it was in last year. The firm is due to be acquired by Bally’s Intralot in either Q4 2026 or Q1 2027. Athens-listed Bally’s Intralot paid £243.3m for its LSE listed counterpart, and the deal has been fully backed by Evoke’s board. “Prgress with the relevant filings is going to plan, and we still expect …