Wednesday, September 23, 2020

Tag: FOBT stakes

Retail betting: What next in the numbers game?

Retail betting William Hill bookmaker
Following the announcement by William Hill that it is to close 700 betting shops, analysts have predicted it could be the start of a major bookmaker exodus

Minister for sport quits over FOBT stake date

Tracey Crouch MP resigns FOBT Stake
Sports minister Tracey Crouch has resigned her post - amid claims that the “registered interests” of the bookies hold sway over the government’s lagging implementation of reduced betting terminal stakes.

Bookmakers pen letter in ‘last ditch’ attempt to turn Hancock

FOBTs
Building on the same shaky foundations that have toxified the Triennial Review, the CEOs of several major bookmakers have penned a letter to DCMS leader Matt Hancock asking him not to cut FOBT maximum stakes to £2. Bookmaker chief executives have penned a“last ditch” letter to Matt Hancock, secretary of state for Culture, Media & Sport (DCMS), urging the government...

Gambling Commission fails to name specific figure for FOBT stakes, recommends ‘£30 or less’

Coinslot - FOBT stakes statistics review cost commission
Betting companies may breathe a sigh of relief, but ministers could still enforce a £2 maximum stake. In a shocking retreat, the Gambling Commission is to recommend reducing the maximum stake on FOBTs to “£30 or less”, backing away from previous threats of £2. The decision, revealed in today's Times, will bring some relief to bookmakers, who warned cutting stakes too low...

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