Wednesday, October 28, 2020

Tag: Davy Research

Populism over pragmatism: Shares tumble on stake reduction hype

Betting Business review stakes
The market jitters on the news that British MPs have recommended the harshest reduction in machine betting stakes. While the reaction reveals how exposed certain bookmakers are to the risk, analysts remain sceptical that ministers will ultimately be so self-harming.   Those UK bookmakers most reliant on revenues from fixed-odds betting terminals saw their valuations slashed when a cross party group...

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