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The Guardian - UK
The Guardian - UK
Business
Rob Davies

William Hill owner Evoke considers sale or breakup after budget tax rises

William Hill bookmakers in Manchester
Evoke, then called 888 Holdings, did a deal to buy the William Hill bookmakers chain in 2021. Photograph: Joel Goodman/The Guardian

Evoke, the London-listed gambling company that owns William Hill and the 888 online casino brand, has said it is considering a sale or breakup of the group, after warning of a £135m hit from tax increases announced in last month’s budget.

In a statement to the stock market, the heavily indebted company said it had appointed bankers at Morgan Stanley and Rothschild to explore potential options to secure its future.

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