Add 'William Hill Warns Prime Minister Over FOBTs Rule Change'

William-Hill-Warns-Prime-Minister-Over-FOBTs-Rule-Change.md

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+<br>William Hill warns prime minister over FOBTs rule change<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
+<br>15 May 2018<br>
+<br>ByDominic O'Connell
+Today Programme Business Correspondent<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
+<br>The chairman of bookmaker William Hill has alerted the prime minister his firm threats being bought by a [foreign competitor](https://git2.ujin.tech/kendallprim84) if it is compromised by brand-new wagering guidelines.<br>
+<br>In a letter to Theresa May, Roger Devlin stated changes to the quantity that can be banked on High [Street gambling](https://plamosoku.com/enjyo/index.php?title=%E5%88%A9%E7%94%A8%E8%80%85:KristoferDodery) makers might strike jobs and profits.<br>
+<br>The federal government is expected to [reveal imminently](http://baylan.la.asu.edu3000/zenaidawillshi) a decision on its evaluation fixed-odds wagering terminals.<br>
+<br>He [proposed tougher](https://gitlab.tu-dortmund.de/leonardkidd162) rules on adverts and a levy to assist issue bettors.<br>
+<br>Currently, fixed-odds betting terminals (FOBTs) enable gamers to stake approximately ₤ 100 every 20 seconds.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
+<br>A review's interim findings recommended cutting the [optimal](https://alesser.altervista.org/agente/phoebeconlon26/) stakes to ₤ 30, but there have been reports that the quantity might be cut to simply ₤ 2.<br>
+<br>Anti-gambling advocates, who have actually called the fixed-odds machines the "fracture cocaine" of betting, support the relocation.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
+<br>Bookies, however, have warned that such a cut would lead to the closure of countless outlets, a big decrease in tax paid to the Treasury, and would have ripple effects on [the yohaig code](https://vila.go.ro/berthamaness5) horse racing industry.<br>
+<br>'Catastrophic'<br>
+<br>Bookmakers support horse racing through an industry levy and offering reward cash.<br>
+<br>Mr Devlin's letter, initially reported by Sky News and seen by the BBC, said UK gambling was "incredibly well regulated".<br>
+<br>He composed: "Sadly, I fear that your federal government is about to decide that is unneeded and lacking in evidence - a choice that will likewise be devastating for a retail betting market utilizing over 40,000 people."<br>
+<br>"Consolidation within our sector continues and I would also not wish to see the impact of a disproportionate ... result being a consider the name of William Hill being contributed to the list of companies now in foreign ownership," he stated.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
+<br>Mr Devlin stated William Hill  a restriction on [betting marketing](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) on tv before [the yohaig code](https://socialeconomy4ces-wiki.auth.gr/index.php?title=User:WendellKleiman0) watershed, and a levy on the industry to pay for education and treatment of issue gamblers.<br>
+<br>Mr Devlin, who was [appointed chairman](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) of [the yohaig code](https://bk-house.synology.me:3081/dianahaly8341) bookie earlier [this promotion code](https://git.mista.ru/effiecym26974) year, is also chairman of the housebuilder Persimmon, which has actually been racked with [controversy](https://gitea.cs.pollub.pl/rustyswayne98) over a [generous executive](http://baylan.la.asu.edu3000/zenaidawillshi) [pay plan](https://vmi456467.contaboserver.net/geniacisco829).<br>
+<br>Shares in William Hill have been hit hard by worries that [fixed-odds stakes](https://classifieds.ocala-news.com/author/roxie233473) would be cut, [falling dramatically](https://git.vekus.ru/ezequielizn332) last month on [reports](http://baylan.la.asu.edu3000/zenaidawillshi) that the chancellor, Philip Hammond, would not oppose the relocation.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
+<br>On Monday, however. William Hill shares leapt after the US [Supreme Court](http://www.annunciogratis.net/author/fosterjdr06) handed down a ruling that would permit states to legalise sports wagering, opening up a huge possible new market to gambling business.<br>
+<br>High stakes for fixed-odds wagering makers<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
+<br>12 May 2018<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
+<br>Bookmakers struck by tougher wager limitation fears<br>
+<br>24 April 2018<br>
+<br>[Betting device](https://plamosoku.com/enjyo/index.php?title=%E5%88%A9%E7%94%A8%E8%80%85:KristoferDodery) wagers set for ₤ 30 limit<br>
+<br>19 March 2018<br>