William Hill Could Close 200 Betting Shops as Gambling Industry Faces Mounting Tax Pressure - Liverpool Echo
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22 Articles
Evoke to plan the closure of 200 William Hill shops in the UK
A week ago, Stella David, CEO of Entain, warned that a potential rise in gambling tax could force the company to close betting shops across the UK. While no tax hike has been announced yet, Chancellor Rachel Reeves is expected to unveil the autumn budget on November 26 โ rival operator Evoke is reportedly moving ahead with mass closures regardless. According to The Times, the London-listed company has confirmed plans to shut down around 200 bettโฆ
William Hill to Close 200 UK Shops Amid Industry Struggles
William Hillโs announcement to close around 200 of its UK betting shops sends a stark signal about the challenges facing the high street betting industry. As Evoke, its parent company, grapples with a heavily indebted balance sheet and potential tax hikes looming in the upcoming budget, the move underscores the sectorโs struggle to adapt to a rapidly changing landscape. The closuresโฆ Source
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