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William Hill could close 200 betting shops as gambling industry faces mounting tax pressure October 12, 2025 William Hill is eyeing shutting 200 of its UK betting shops as parent company Evoke looks to steady its heavily indebted balance sheet ahead of a potential tax raid in next month’s budget. The move comes as the Gambling Commission and Treasury consider tougher rules and levies for the gambling sector, which has already been [...]
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Entain cashes in as BetMGM partnership pays off August 12, 2025 Gambling giant Entain has posted first-half year results ahead of expectations, driven by a strong recovery in its online division and an accelerating performance from its US joint venture, BetMGM. The FTSE 100 operator behind brands like Ladbrokes and Coral reported its total Group Net Gaming Revenue (NGR), including its 50 per cent share of [...]
William Hill shortens odds on Pat McFadden replacing Rachel Reeves June 11, 2025 William Hill has slashed its odds on senior government minister Pat McFadden replacing Rachel Reeves as Chancellor – down from 5/1 to 2/1. McFadden is currently Chancellor of the Duchy of Lancaster – the most senior minister in the Cabinet Office – and is a close confidante of PM Sir Keir Starmer, playing a major [...]
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Genting in the red after closing Britain’s oldest casino May 14, 2025 The UK arm of Genting fell into the red in the year after closing Britain’s oldest casino, it has been revealed. The Birmingham-headquartered division made a pre-tax loss of £6.2m for 2024, having previously posted a profit of £8m in 2023. New accounts filed with Companies House also show its revenue rose over the same [...]
Bet365: Billionaire Coates family consider £9bn sale of betting giant May 1, 2025 The billionaire Coates family is exploring a potential sale of Bet365, the online gambling powerhouse they founded, in a deal that could value the business at up to £9bn. Stoke-on-Trent-headquartered Bet365, which is led by Denise Coates, has recently held talks with Wall Street banks and US advisers about strategic options including a full or [...]
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