From b095a4bf55cc579dac9a08bc8bf8e7816bb4ce63 Mon Sep 17 00:00:00 2001 From: nadinevkg42305 Date: Sun, 19 Oct 2025 10:41:01 +0200 Subject: [PATCH] Add William Hill Warns Prime Minister Over FOBTs Rule Change --- ...s-Prime-Minister-Over-FOBTs-Rule-Change.md | 27 +++++++++++++++++++ 1 file changed, 27 insertions(+) create mode 100644 William-Hill-Warns-Prime-Minister-Over-FOBTs-Rule-Change.md 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..88dadbd --- /dev/null +++ b/William-Hill-Warns-Prime-Minister-Over-FOBTs-Rule-Change.md @@ -0,0 +1,27 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
William Hill cautions prime minister over FOBTs guideline change
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15 May 2018
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ByDominic O'Connell +Today [Programme Business](https://harry.main.jp/mediawiki/index.php/YOHAIG:_Your_Gateway_To_Bet9ja_League_Free_Bets_-_Complete_Walkthrough) Correspondent
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The chairman of bookie William Hill has actually cautioned the prime minister his firm risks being bought by a foreign rival if it is damaged by brand-new betting guidelines.
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In a letter to Theresa May, Roger Devlin stated changes to the amount that can be banked on High Street betting devices might hit tasks and revenues.
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The federal government is anticipated to announce imminently a decision on its review fixed-odds [wagering](https://gitlab.tu-dortmund.de/leonardkidd162) terminals.
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He proposed harder guidelines on adverts and a levy to help issue gamblers.
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Currently, fixed-odds betting terminals (FOBTs) [enable gamers](https://pipewiki.org/wiki/index.php/User:KaleyVillarreal) to stake up to ₤ 100 every 20 seconds.
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A review's interim findings suggested cutting the maximum stakes to ₤ 30, but there have been reports that the quantity could be cut to simply ₤ 2.
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Anti-gambling advocates, who have actually called the [fixed-odds devices](https://gitea.cs.pollub.pl/rustyswayne98) the "crack drug" of betting, support the move.
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Bookies, nevertheless, have actually cautioned that such a cut would lead to the [closure](https://git.k8sutv.it.ntnu.no/brodielefanu91) of thousands of outlets, a big reduction in [tax paid](http://git.oksei.ru/marthagaskins2) to the Treasury, and would have knock-on results on the horse racing market.
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'Catastrophic'
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Bookmakers support horse racing through a market levy and offering reward money.
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Mr Devlin's letter, first reported by Sky News and seen by the BBC, stated UK betting was "very well controlled".
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He composed: "Sadly, I fear that your federal government is about to decide that is unneeded and doing not have in evidence - a choice that will also be disastrous for a retail wagering market utilizing over 40,000 people."
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"Consolidation within our sector continues and I would also not want to see the effect of an out of proportion ... outcome being a factor in the name of William Hill being included to the list of business now in foreign ownership," he stated.
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Mr Devlin said [William Hill](http://ysx.myds.me3005/ronnysnoddy476) supported a restriction on [gambling advertising](https://git.student.rea.ru/eusebiamack060) on [television](https://video.vietnam.vn/@imnvanita31731?page=about) before the watershed, and a levy on the market to spend for education and treatment of issue gamblers.
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Mr Devlin, who was [selected](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) chairman of the bookmaker earlier [this promotion code](https://wikisofia.cz/wiki/U%C5%BEivatel:LuciePelsaert5) year, is also chairman of the housebuilder Persimmon, which has been racked with debate over a [generous executive](http://knowledge.thinkingstorm.com/UserProfile/tabid/57/userId/2206627/Default.aspx) pay scheme.
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Shares in have actually been struck hard by worries that fixed-odds stakes would be cut, falling dramatically last month on reports that the chancellor, Philip Hammond, would not oppose the move.
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On Monday, though. [William Hill](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) shares leapt after [the yohaig code](https://bk-house.synology.me:3081/dianahaly8341) US Supreme Court handed down a ruling that would permit states to [legalise sports](https://worldaid.eu.org/discussion/profile.php?id=1117945) wagering, opening up a big possible new market to betting companies.
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High stakes for fixed-odds wagering devices
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12 May 2018
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Bookmakers struck by tougher wager limitation fears
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24 April 2018
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[Betting maker](https://pipewiki.org/wiki/index.php/User:KaleyVillarreal) wagers set for ₤ 30 limitation
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19 March 2018
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