Category Archives: William Hill

Shares in UK gambling firms fall £3bn amid talk of higher taxes in budget

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Thinktank reports saying sector should be hit with extra £900m to £3bn in levies prompts market selloff

Shares in British gambling companies have dropped sharply, reducing the stock market value of large operators by more than £3bn, after the Guardian reported that Treasury officials could tap the sector for between £900m and £3bn in extra taxes.

The chancellor, Rachel Reeves, has come under pressure from two influential thinktanks to raise taxes on the industry, as she pulls every available lever to plug a £22bn “black hole” in the nation’s finances.

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Gambling firm appears to trivialise Lebanon pager blasts in social media post

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London-listed Evoke, which owns William Hill, apologises for post on Israeli Facebook page linking to job ads

The gambling company that owns the William Hill, 888 and Mr Green brands has apologised after one of its social media accounts appeared to make light of the pager explosions in Lebanon that killed 12 people and injured thousands.

The explosions on Tuesday were followed by walkie-talkies exploding on Wednesday, killing another 20 people.

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Revealed: how bookies clamp down on successful gamblers and exploit the rest

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Stake factoring is a way of grading customers according to their success and is widespread in the betting industry

On any given Saturday, Rory would spend several hours glued to a screen flickering with hundreds of football and horse racing bets placed by customers of the Irish bookmaker Paddy Power.

One of multiple insiders from firms including Paddy Power Betfair, Ladbrokes and William Hill who spoke on condition of anonymity, Rory was part of an obscure corner of the gambling industry that exists to maximise profits by clamping down on successful punters.

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