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A quarter of UK betting shops could close, with 12,000 jobs at risk

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  • A quarter of UK betting shops could close, with 12,000 jobs at risk

    William Hill may shut 700 shops as it looks to offset £820m loss from FOBT reform
    A quarter of betting shops on UK high streets have been slated for closure, putting 12,000 jobs at risk, with William Hill the latest bookmaker to blame job cuts on stricter regulation of fixed-odds betting terminals (FOBTs).
    Restrictions cutting the maximum stake on the controversial betting machines from £100 per spin to £2 came into force in April after a lengthy campaign by activists and MPs, who linked the controversial machines to gambling addiction.
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