The 1998 Skol World Darts Championship was held between 29 December 1997 and 4 January 1998 at the Circus Tavern in Purfleet, Essex.

John Part, who won the first Embassy/BDO World Championship after the 1992–93 "split" had joined the PDC but failed to qualify beyond the group stage.

Peter Manley had emerged as a rising talent in the PDC and was seeded 7th for the championship.

Priestley lost his third successive final to Phil Taylor – this defeat being the most convincing 6 sets to 0.

Rod Harrington was the only player who managed to take any sets from the Power during his 2–5 semi-final defeat.