Tag: fobt stakes

FOBTs and High Street betting shops – time to re-examine business models?

High Street
With the incoming changes to FOBT stakes expected to result in widespread shop closures, Grant Humphrey, director at EY and leader of their Betting and Gaming practice, and Simon Edel, a Partner in EY’s restructuring practice, talk through some…

UK Gambling Commission recommends ‘£30 or less’ for FOBT stakes

iGaming Times Stakes FOBTs 1000x562
Betting companies may breathe a sigh of relief, but UK ministers could still enforce a £2 maximum stake. The Gambling Commission is to recommend reducing the maximum stake on FOBTs to “£30 or less”, backing away from previous threats of £2, the Times has revealed. The retreat will bring some relief to bookmakers, who warned cutting stakes too low would lower...