UK set to cut maximum stake on lucrative gaming machines to £2 – Financial Times


Financial Times

UK set to cut maximum stake on lucrative gaming machines to £2
Financial Times
They claim FOBTs disproportionately target gambling addicts — an accusation vehemently denied by the betting industry. Officials at the Department for Culture, Media and Sport have been seeking views on what the maximum stake on FOBTs should be over a
£2 limit to curb ‘crack cocaine’ of gambling | News | The Times & The …The Times

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Ladbrokes Coral agrees £4bn takeover by GVC – Financial Times


Financial Times

Ladbrokes Coral agrees £4bn takeover by GVC
Financial Times
Online gaming company GVC Holdings fired the starting gun on a wave of betting industry consolidation on Friday as Ladbrokes Coral, the UK’s biggest high street bookmaker, finally agreed to a takeover. The deal, which values Ladbrokes Coral at up to
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