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According to a report from the British Broadcasting Corporation (BBC), FOBTs were first introduced to the United Kingdom’s around 8,780 land-based sportsbetting shops in 2001 and allow players to place a wager every 20 seconds on a range of virtual fixed-odds games such as roulette and bingo.com.However, the BBC reported that domestic gambling giant William Hill warned that the ‘unprecedented’ move could see up to 900 of its shops become loss-making propositions and lead to its annual retail revenues dropping by as much as ￡100 million (4....

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In hopes of helping to stamp out problem gambling, the government of the United Kingdom has reportedly announced that it is planning to reduce the maximum single stake for the nation’s over 34,000 fixed-odds betting terminals (FOBTs) from ￡100 (4. This is a perfect match and we are truly delighted to be collaborating in this way.”Nolimit City Head of Sales, Malcolm Mizzi, also commented on the new partnership by stating: “The move towards a direct partnership with a leading company such as GiG, showcases the true strength of our portfolio and the efficiency in Nolimit’s delivery....

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However, the BBC reported that domestic gambling giant William Hill warned that the ‘unprecedented’ move could see up to 900 of its shops become loss-making propositions and lead to its annual retail revenues dropping by as much as ￡100 million (4. This is a perfect match and we are truly delighted to be collaborating in this way.The BBC reported that the maximum stake reduction, which is expected to be implemented over the course of the next twelve months, followed an extensive gospringbok casino deposit bonus xinfvernment review into the machines that is said to have discovered consistently high rates of problem gambling as well as ‘a high proportion of those seeking treatment for gambling addiction’ among FOBTs players....