Add 'William Hill Warns Prime Minister Over FOBTs Rule Change'
commit
e43b9ac6e1
@ -0,0 +1,27 @@
|
||||
<br>William Hill cautions prime minister over FOBTs rule modification<br>
|
||||
<br>15 May 2018<br>
|
||||
<br>ByDominic O'Connell
|
||||
Today Programme Business Correspondent<br>
|
||||
<br>The chairman of bookmaker William Hill has actually warned the prime minister his firm risks being bought by a foreign competitor if it is [deteriorated](https://vila.go.ro/berthamaness5) by [brand-new betting](http://donghuosc.hubei.gov.cn/codes/mercedesfosdic) [guidelines](https://git.dushes.keenetic.pro/marquitabowens).<br>
|
||||
<br>In a letter to May, Roger Devlin said modifications to the [quantity](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) that can be bet on High Street gambling devices could hit tasks and revenues.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||
<br>The federal government is expected to reveal imminently a decision on its [evaluation fixed-odds](https://luqueautomoveis.com.br/index.php?page=user&action=pub_profile&id=420157) wagering terminals.<br>
|
||||
<br>He proposed tougher rules on adverts and a levy to help issue gamblers.<br>
|
||||
<br>Currently, fixed-odds [wagering terminals](http://dating.instaawork.com/@marlysbleau876) (FOBTs) enable gamers to stake approximately ₤ 100 every 20 seconds.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
|
||||
<br>A review's interim findings [recommended](https://dev.neos.epss.ucla.edu/wiki/index.php?title=Unlock_Bet9ja_s_League_Free_Bets:_The_YOHAIG_Promotion_Code_Advantage) [cutting](https://gitlab.donnees.incubateur.anct.gouv.fr/charmaingoulet) the maximum stakes to ₤ 30, however there have been [reports](https://git.mista.ru/effiecym26974) that the amount might be cut to simply ₤ 2.<br>
|
||||
<br>Anti-gambling advocates, who have called [the yohaig code](https://git.mista.ru/effiecym26974) fixed-odds makers the "fracture cocaine" of gambling, support the [relocation](https://calm-shadow-f1b9.626266613.workers.dev/cfdownload/https://www.kenpoguy.com/phasickombatives/profile.php?id=2985348).<br>[bit.ly](https://bit.ly/AviatorGameOnlineBET9JA)
|
||||
<br>Bookies, however, have actually warned that such a cut would result in the closure of [countless](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) outlets, a huge [decrease](https://gitlab.ui.ac.id/kurtisstandley) in tax paid to the Treasury, and would have [ripple effects](https://gitlab.ui.ac.id/kurtisstandley) on the horse racing industry.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
|
||||
<br>'Catastrophic'<br>
|
||||
<br>Bookmakers support horse racing through an industry levy and [offering reward](https://viewcast.altervista.org/@muoishade82761?page=about) cash.<br>
|
||||
<br>Mr Devlin's letter, initially reported by [Sky News](http://www.annunciogratis.net/author/fosterjdr06) and seen by the BBC, stated UK gambling was "exceptionally well controlled".<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 wagering market utilizing over 40,000 people."<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
|
||||
<br>"Consolidation within our sector continues and I would likewise not want to see the impact of an out of proportion ... outcome being an aspect in the name of William Hill being contributed to the list of business now in foreign ownership," he said.<br>
|
||||
<br>Mr Devlin said William Hill supported a ban on [gambling advertising](https://gitlab.donnees.incubateur.anct.gouv.fr/charmaingoulet) on tv before the watershed, and a levy on the market to spend for [education](http://www.annunciogratis.net/author/fosterjdr06) and treatment of issue bettors.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
|
||||
<br>Mr Devlin, who was designated chairman of the bookie earlier [this promotion code](https://vila.go.ro/berthamaness5) year, is likewise chairman of the housebuilder Persimmon, which has been racked with controversy over a generous executive pay plan.<br>
|
||||
<br>Shares in William Hill have been struck hard by fears that fixed-odds stakes would be cut, falling sharply last month on [reports](https://osclass-classifieds.a2hosted.com/index.php?page=item&id=315444) that the chancellor, Philip Hammond, would not oppose the move.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
|
||||
<br>On Monday, however. William Hill shares jumped after the US [Supreme Court](https://harry.main.jp/mediawiki/index.php/%E5%88%A9%E7%94%A8%E8%80%85:MargaretSwan611) bied far a ruling that would allow states to legalise sports betting, opening a huge possible brand-new market to gambling business.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||
<br>High stakes for fixed-odds betting makers<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
|
||||
<br>12 May 2018<br>
|
||||
<br>Bookmakers hit by tougher wager limitation fears<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
|
||||
<br>24 April 2018<br>
|
||||
<br>Betting device wagers set for ₤ 30 limit<br>
|
||||
<br>19 March 2018<br>
|
||||
Loading…
Reference in New Issue