Tag: stake

GVC settling into ‘post £2 stakes-cut environment’

GVC stakes cut
GVC has managed to keep its head above water in the first quarter since the new machine regulations came into play - with online growth in all key markets..

Bookmakers given 2020 reprieve on stake cut

FOBT machine
In a rare slice of positive news for Britain’s retail sector, the government has announced a two year delay before implementing the controversial £2 stake on fixed- odds betting terminals. The delays makes all the difference for betting shops, both…

Chancellor once again delays decision on FOBT maximum stake

Betting Business FOBT review
News sources have reported the government will once again delay its upcoming triennial review judgement on reducing the maximum stake on fixed odds betting terminals (FOBTs). Campaigners have been confident they could persuade the government to cut the stakes on FOBTs from £100 to just £2. But according to The Times, Chancellor Philip Hammond has put the decision ‘on hold’ as...

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