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The Guardian - UK
The Guardian - UK
Business
Rob Davies

UK operating licence of William Hill owner 888 placed under review

888 William Hill Entain the Gambling Commission Kenny Alexander Gambling Commission HMRC
A William Hill bookmaker shop in London
Shares in the online casino and bookmaking business 888 Holdings slid by more than 25% on the news. Photograph: Peter Nicholls/Reuters

Online betting group 888 Holdings, the owner of William Hill, has said its licence to operate in Britain is under review, after a dramatic intervention from the Gambling Commission that derailed a leadership bid from three gambling industry veterans.

Shares in the London-listed online casino and bookmaking business slid by more than 25% after it issued a lengthy statement that spooked investors.

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