By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Baner ClubBaner ClubBaner Club
  • Home
  • Business
    BusinessShow More
    Pakistan meets most IMF conditions ahead of review mission
    September 17, 2025
    PM Shehbaz welcomes establishment of Mashreq Digital Bank
    September 16, 2025
    US issues fresh Iran-related sanctions
    September 16, 2025
    Pakistan enters experiment phase of digital currency
    September 12, 2025
    Apple delays iPhone Air release in China due to pending eSIM approval
    September 12, 2025
  • Politics
    PoliticsShow More
    PM departs for Riyadh to discuss bilateral ties with Saudi leadership
    September 17, 2025
     Match referee Andy Pycroft removed
    September 17, 2025
    Revolution or mood swing? What Nepal’s uprising holds for Pakistan
    September 17, 2025
    PM Shehbaz meets MBS to bolster bilateral ties
    September 17, 2025
    Donald Trump makes remark about Kate Middleton’s appearance amid UK trip
    September 17, 2025
  • Technology
    TechnologyShow More
    Apple’s iOS 26 introduces a temporary issue along with liquid glass magic.
    September 16, 2025
    Meta to debut costlier smart glasses with display
    September 16, 2025
    YouTube introduces new AI tools for Shorts creators
    September 16, 2025
    Dubai Airport begins installing AI-powered 3D scanners
    September 16, 2025
    Apple’s live translation feature for AirPods unavailable in EU at launch
    September 11, 2025
  • Sports
    SportsShow More
    Indian captain Suryakumar refuses Asia Cup trophy from Mohsin Naqvi
    September 17, 2025
    ICC releases new T20I player rankings
    September 17, 2025
    PCB asks ICC to penalise Suryakumar Yadav over political remarks
    September 17, 2025
    Australia captain Cummins will play big part in Ashes, says coach
    September 17, 2025
    ICC match referee Andy Pycroft apologises to Pakistan team officials
    September 17, 2025
  • Job Portal
  • Matrimonial
  • Marketplace
  • Chat Room
  • More
    • Blog
    • Interests
    • Contact Us
Reading: “Disappointing and unacceptable”: The owner of William Hill is losing more and more.
Share
Notification
Font ResizerAa
Font ResizerAa
Baner ClubBaner Club
Search
  • Home
  • Business
  • Politics
  • Technology
  • Sports
  • Job Portal
  • Matrimonial
  • Marketplace
  • Chat Room
  • More
    • Blog
    • Interests
    • Contact Us
  • Privacy Policy
  • Terms and Conditions
© 2022 BanerClub. All Rights Reserved.
Baner Club > Blog > Business > “Disappointing and unacceptable”: The owner of William Hill is losing more and more.
Business

“Disappointing and unacceptable”: The owner of William Hill is losing more and more.

Pre-tax losses for the owner of the gaming brands William Hill and 888 increased to £147 million in the first half of 2024, the company disclosed.

Last updated: 2024/08/16 at 7:33 AM
Published August 16, 2024
Share
1 Min Read
SHARE

The company, which changed its name from 888 Holdings to Evoke earlier this year, posted losses of £45.2 million for the same period previous year, which is when the decline occurred.
In addition, earnings before interest and taxes fell by 67%, from £130.8 million in the first half of 2023 to £43.8 million in January and June of this year.

Per Widerstrom, the CEO of Evoke, called the outcomes “disappointing and not acceptable” on a conference call with investors.

He did say: “We understand exactly what went wrong and we have taken corrective actions to address the problems.”

Falling behind competitors and “challenging conditions on the high street” are the two main reasons given by the gaming behemoth for the slump.

Sean Wilkins, the chief financial officer, added that the returns on marketing investments had fallen short of expectations.

The UK had a particularly noticeable year-over-year reduction, with its retail division’s revenue falling 8% despite a 1% increase in online sales there.

The total income for the six months ending at the end of June decreased by 2% to £862 million.

You Might Also Like

Pakistan meets most IMF conditions ahead of review mission

PM Shehbaz welcomes establishment of Mashreq Digital Bank

US issues fresh Iran-related sanctions

Pakistan enters experiment phase of digital currency

Apple delays iPhone Air release in China due to pending eSIM approval

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
admin August 16, 2024 August 16, 2024
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Copy Link
Share
Previous Article To be overturned are thousands of prosecutions for fare evasion.
Next Article A survey reveals which UK banks are the best and worst for customer satisfaction.
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

Facebook Like
Twitter Follow
Pinterest Pin
Instagram Follow
Youtube Subscribe
Dribbble Follow
- Advertisement -
Ad imageAd image

Latest News

Punjab floods destroy 2.2m acres of crops, rice hit hardest
News Pakistan September 17, 2025
Five Indian-backed terrorists killed in Khuzdar operation: ISPR
Pakistan Terroristsim September 17, 2025
Pakistan meets most IMF conditions ahead of review mission
Business Pakistan September 17, 2025
PM departs for Riyadh to discuss bilateral ties with Saudi leadership
Pakistan Politics September 17, 2025
//

Where headlines meet insight, and stories shape perspectives. Your gateway to informed perspectives and captivating narratives.

Top Categories

  • BUSINESS
  • POLITICS
  • TECHHot
  • HEALTH
  • News
  • Technology
  • Fashion

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Baner ClubBaner Club
Follow US
© 2025 BanerClub. All Rights Reserved.
  • Privacy Policy
  • Terms and Conditions
Pay with Paypal

Login

Register

Please enter your username or email address. You will receive a link to create a new password via email.

Loading Back to login
Forgot Password
Facebook Login Loading...
Registration is currently disabled.
  • Login
  • Sign Up
Forgot Password?
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.
body::-webkit-scrollbar { width: 7px; } body::-webkit-scrollbar-track { border-radius: 10px; background: #f0f0f0; } body::-webkit-scrollbar-thumb { border-radius: 50px; background: #dfdbdb }
Welcome Back!

Sign in to your account

Lost your password?