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Evening Standard
Evening Standard
Business
Daniel O'Boyle

William Hill owner 888 slips to loss as UK revenue dips, but no impact expected from gambling watchdog probe

William Hill owner 888 slipped to a loss as UK revenue declined amid stricter regulations to protect vulnerable gamblers, but the business appears to have finally put a chaotic six months in past as it says the latest Gambling Commission probe into its operations will have no impact.

UK revenue was down by 3% to £615.3 million on a like-for-like basis for the business, which bought the country’s biggest high-street bookie William Hill last year. It said this was mostly due to a pivot towards lower-spending punters, as new rules were announced in April to ensure betting operators perform financial checks on those who spend more.

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