Add 'William Hill Warns Prime Minister Over FOBTs Rule Change'
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<br>William Hill cautions prime [minister](https://alesser.altervista.org/agente/phoebeconlon26/) over FOBTs guideline change<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
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<br>15 May 2018<br>
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<br>[ByDominic O'Connell](https://wiki.tgt.eu.com/index.php?title=User:TorriBagley)
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Today Programme Business Correspondent<br>
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<br>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.<br>
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<br>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.<br>
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<br>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.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
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<br>He proposed tougher [guidelines](http://dating.instaawork.com/@marlysbleau876) on [adverts](https://vmi456467.contaboserver.net/geniacisco829) and a levy to assist problem gamblers.<br>
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<br>Currently, fixed-odds betting terminals (FOBTs) permit gamers to stake approximately ₤ 100 every 20 seconds.<br>
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<br>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.<br>
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<br>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.<br>[bet9ja.com](https://landing.bet9ja.com/aviator-bet9ja?btag=yohaig&promocode=yohaig)
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<br>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.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
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<br>'Catastrophic'<br>
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<br>Bookmakers support horse racing through a market levy and offering cash prize.<br>
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<br>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".<br>
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<br>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."<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
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<br>"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.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
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<br>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.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
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<br>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.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
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<br>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.<br>[bit.ly](https://bit.ly/AviatorGameOnlineBET9JA)
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<br>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.<br>
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<br>High stakes for fixed-odds betting makers<br>
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<br>12 May 2018<br>
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<br>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<br>
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<br>24 April 2018<br>
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<br>Betting machine wagers set for ₤ 30 limit<br>
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<br>19 March 2018<br>
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