Betting firms hit by fixed-odds move

FOBT

Shares in William Hill and GVC Holdings were both up at market close on Thursday after initially tumbling in the morning after the government announced new rules reducing maximum spending on fixed-odds betting terminals from £100 down to £2.

William Hill’s stock tumbled more than 6.5% in early trading, while GVC Holdings fell more than 4%, but they finished the day up 4.19% at 330.8p and 4.97% up at 961p, respectively.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now