Home Business NewsWilliam Hill owner considers selling after Reeves Budget hiked taxes

William Hill owner considers selling after Reeves Budget hiked taxes

by Amy Johnson LLB Finance Reporter
10th Dec 25 3:10 pm

Evoke who owns William Hill is considering a sale after they launched a review following Rachel Reeves Autumn Budget which made changes to hike gambling taxes.

Evoke also owns 888 and their directors are conducting a review of options “including but not limited to a potential sale of the group.”

They added there could be a sale of their assets which could be an option and the potential sale comes after the Chancellor raised taxes.

Reeves raised gambling taxes from 21% to 40% from April 2026 and there will also be a new online sports betting duty of 25%, horse racing will be exempt.

Morgan Stanley and Rothschild have been hired to oversee the review, bosses said there is “no certainty” a deal could happen.

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