'Disappointing and not acceptable': Losses grow at William Hill owner

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'Disappointing and not acceptable': Losses grow at William Hill owner
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Gambling firm Evoke, formerly known as 888 until a rebrand earlier this year, reported that core earnings plunged by 67% in the first half of 2024.

The owner of gambling brands William Hill and 888 has revealed its pre-tax losses grew to £147m in the first half of 2024. The slump comes after the company - which rebranded from 888 Holdings to Evoke earlier this year - reported losses of £45.2m during the same period last year. Earnings before interest and taxes also plunged by 67%, falling from £130.8m over the first six months of 2023 to £43.8m between January and June this year.

Overall revenue slipped by 2% to £862m in the six months to the end of June. Read more from business:UK economy grows 0.6%Train fare prosecutions quashedMobile boss hits out at 'abysmal' signal Mr Wilkins said Evoke had been boosted by bets on the Euros, helped further by England's progression to the final of the football tournament. He added: 'We had very strong margins and bookie-friendly results, it was very successful for us.

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