By Jonathan Davies

William Hill has reported a fall in pre-tax profits for the first half of 2015 after being hit with tax changes.

Profits dropped 35% from £121.8 million last year to £78.7m.

Following tax changes introducing by the Chancellor George Osborne, the British betting firm paid an extra £44 million in gambling duties.

William Hill also spent $25m (£16m) on a 29.4% stake in online lottery company NeoGames.