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Evoke Weighs Closing 120–200 William Hill Shops Ahead of Reeves’s Budget

The debt-laden owner is modeling scenarios in light of possible gambling duty changes for the 26 November budget.

Overview

  • Evoke is assessing options to shutter 120–200 of roughly 1,300 UK William Hill shops, equal to about 9–15% of the estate.
  • Up to about 1,500 roles could be affected, with the company indicating it would seek redeployment or voluntary redundancies where feasible.
  • The group carries around £1.8bn of debt and posted a £78m pre-tax loss in the first half of 2025 as retail revenues fell 2%.
  • The company says no decision has been taken while the Treasury consults on gambling taxation, which officials describe as a simplification exercise rather than a set rate increase.
  • Industry leaders warn tax hikes could force broader closures, shrink racing’s media-rights and levy income, and push customers toward unlicensed operators.