Bookmakers warn of shop closures as the government caps FOBT betting

By Frances Ivens2018-05-17T11:35:00

Bookmakers have voiced dismay after the government announced new rules reducing maximum spending on fixed-odds betting terminals (FOBT) from £100 down to £2, saying high street outlets will be forced to close.

William Hill has suggested 900 of its stores could become loss-making as a result of the measure meaning many of these sites are likely to be closed.

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