Overview
- Evoke's earnings before interest and taxes dropped 67% compared to the same period last year.
- Revenue declined by 2% to £862m, with UK retail division revenues down by 8%.
- The company rebranded from 888 Holdings and sold its US-facing 888 business to Hard Rock Digital.
- New management attributes losses to high marketing costs and competition, but remains optimistic about future profitability.
- Upcoming UK gambling regulations could further impact revenue, with new stake limits and affordability checks starting in September.