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Evening Standard
Evening Standard
National
Holly Williams

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

William Hill Bally Intralot 888
William Hill and 888 owner Evoke has revealed a £46 million earnings hit from higher gambling taxes as it prepares for a £243 million takeover by Greek gambling firm Bally’s Intralot. - (PA Archive)

William Hill and 888 owner Evoke has revealed a £46 million earnings hit from higher gambling taxes as it prepares for a £243 million takeover by Greek gambling firm Bally’s Intralot.

The London-listed firm said underlying earnings slumped 10% to £150.2 million in the six months to June 30 after the gaming duty impact, largely as a result of the UK Government’s move to hike remote gaming duty from 21% to 40% from April.

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