Debt-laden Evoke said last year that changes to gambling taxes would see its duty costs rise by up to £135 million a year from 2027.
William Hill and 888 owner Evoke said it has moved “quickly and decisively” to offset recent budget changes to gambling taxes through shop closures and cost cuts as it continues to look at a possible sale of the group.
The company, which launched a strategic review in December after Chancellor Rachel Reeves announced tax hikes for online gambling firms, said it had taken action to mitigate the hit from the November budget, including shutting retail betting shops and group-wide cost savings.
Debt-laden Evoke said last year that changes to online gaming duties and a new online sports betting tax…