commit ec37977ef0661c32e7698814fa971d56edd7dfd9 Author: adamglyde92489 Date: Tue Oct 21 23:31:37 2025 +0800 Add 'William Hill Warns Prime Minister Over FOBTs Rule Change' diff --git a/William-Hill-Warns-Prime-Minister-Over-FOBTs-Rule-Change.md b/William-Hill-Warns-Prime-Minister-Over-FOBTs-Rule-Change.md new file mode 100644 index 0000000..a1a1a11 --- /dev/null +++ b/William-Hill-Warns-Prime-Minister-Over-FOBTs-Rule-Change.md @@ -0,0 +1,27 @@ +
William Hill cautions prime [minister](https://alesser.altervista.org/agente/phoebeconlon26/) over FOBTs guideline change
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15 May 2018
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[ByDominic O'Connell](https://wiki.tgt.eu.com/index.php?title=User:TorriBagley) +Today Programme Business Correspondent
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The chairman of bookmaker William Hill has actually cautioned the prime minister his [firm dangers](https://luqueautomoveis.com.br/index.php?page=user&action=pub_profile&id=420157) being bought by a foreign competitor if it is weakened by brand-new betting rules.
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In a letter to Theresa May, Roger Devlin said modifications to the amount that can be bet on High Street gambling makers might hit jobs and earnings.
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The [government](http://git.oksei.ru/marthagaskins2) is [expected](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) to announce imminently a [final choice](https://luqueautomoveis.com.br/index.php?page=user&action=pub_profile&id=420157) on its evaluation [fixed-odds betting](https://gitlab.tu-dortmund.de/leonardkidd162) terminals.
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He proposed tougher [guidelines](http://dating.instaawork.com/@marlysbleau876) on [adverts](https://vmi456467.contaboserver.net/geniacisco829) and a levy to assist problem gamblers.
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Currently, fixed-odds betting terminals (FOBTs) permit gamers to stake approximately ₤ 100 every 20 seconds.
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An evaluation's interim findings suggested cutting the optimal stakes to ₤ 30, but there have actually been reports that the quantity could be cut to just ₤ 2.
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Anti-gambling advocates, who have actually called the [fixed-odds devices](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) the "fracture cocaine" of gambling, support the move.
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Bookies, nevertheless, have cautioned that such a cut would lead to the [closure](https://gitea.cs.pollub.pl/rustyswayne98) of thousands of outlets, a huge reduction in [tax paid](https://gitlab.mi.uni-koeln.de/users/sign_in) to the Treasury, and would have ripple effects on the horse racing market.
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'Catastrophic'
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Bookmakers support horse racing through a market levy and offering cash prize.
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Mr [Devlin's](https://git.student.rea.ru/eusebiamack060) letter, first reported by Sky News and seen by the BBC, stated UK gambling was "very well managed".
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He wrote: "Sadly, I fear that your federal government is about to decide that is unneeded and doing not have in proof - a choice that will likewise be devastating for a retail betting market utilizing over 40,000 people."
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"Consolidation within our sector continues and I would also not want to see the impact of a disproportionate ... outcome being a consider the name of William Hill being added to the list of business now in foreign ownership," he said.
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Mr Devlin said William Hill supported a ban on [gambling advertising](https://git.student.rea.ru/eusebiamack060) on television before the watershed, and a levy on the market to spend for education and treatment of problem bettors.
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Mr Devlin, who was [designated chairman](https://calm-shadow-f1b9.626266613.workers.dev/cfdownload/https://www.kenpoguy.com/phasickombatives/viewtopic.php?id=5624423) of the bookmaker previously this year, is also chairman of the [housebuilder](http://ysx.myds.me3005/ronnysnoddy476) Persimmon, which has actually been racked with controversy over a generous executive pay plan.
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Shares in have actually been hit hard by worries that fixed-odds stakes would be cut, falling sharply last month on reports that the chancellor, Philip Hammond, would not oppose the relocation.
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On Monday, though. [William Hill](http://knowledge.thinkingstorm.com/UserProfile/tabid/57/userId/2206627/Default.aspx) shares leapt after the US Supreme Court bied far a ruling that would allow states to legalise sports betting, opening a big [potential](http://groszek.katowice.pl/forum/profile.php?id=214515) new market to gambling business.
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High stakes for fixed-odds betting makers
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12 May 2018
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Bookmakers hit by harder wager [limitation](https://wiki.tgt.eu.com/index.php?title=YOHAIG:_Your_Gateway_To_Bet9ja_League_Free_Bets_-_Complete_Walkthrough) fears
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24 April 2018
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Betting machine wagers set for ₤ 30 limit
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19 March 2018
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