Exciting times for William Hill as its owner, Evoke, celebrates “good progress” with a boost in revenues, thanks to sports betting! 🏇📈 In the third quarter of 2025, they reported a 5% rise in revenues, hitting £435 million. This marks five straight quarters of growth as they work through their turnaround plan.
Not only did sports betting thrive, but their retail sector saw a 6% revenue bump, driven by increased interest in sports and gaming, thanks to the introduction of new gaming cabinets. However, their UK and Ireland online business showed mixed results, with a modest 1% growth, as an 8% hike in sports revenues was tempered by weaker gaming numbers.
Despite these successes, there’s talk of potential store closures, with rumours of up to 200 shops shuttering if new tax measures hit hard in next month’s Budget. This could impact about 1,500 employees.
CEO Per Widerstrom is optimistic, stating, “During Q3, we made strides in our strategy to transform our competitive edge, ensuring long-term success.” All three divisions saw growth, contributing to a 1% boost in shares on Tuesday morning. Here’s to even more progress on their journey! 🤞💼