UK’s Gambling Firms Warn They’ll Push Tax Hikes Onto Customers

Gambling firms have warned they’ll shut shops and slash jobs if Chancellor of the Exchequer Rachel Reeves launches a tax raid on them in her budget. But punters are also likely to bear the brunt: The odds might be stacked even further in the house’s favor.

William Hill parent Evoke Plc is planning to make the odds worse for customers to counter taxes rises, according to Chief Executive Officer Per Widerstrom.

“We would have to look at the pricing we do in terms of odds generation to the customers,” he said in an interview. Offering more incentives, such as ...