William Hill owner Evoke has said it could be sold after launching a review, as the gambling giant prepares to be hit hard by Budget changes to gambling taxes.

The company, which also owns 888, said its directors are undertaking a review of strategic options, “including but not limited to a potential sale of the group”.

It added that the sale of some of its assets or business units is also an option.

The company said the potential sale follows an update on the day of the autumn Budget last month, when Labour announced plans to increase gambling taxes.

Debt-laden Evoke had said changes to online gaming duties and a new online sports betting tax would see its duty costs rise by up to £135 million a year from 2027.

In the Budget, the Chancellor raised remote gaming duty from 21% to 40% f

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