fobt stake cut

The UK’s decision to cut the stakes on fixed-odds betting terminals from £100 to £2 has started causing panic to UK operators. A major name in the UK, Williams Hill, has started asking landlords to reduce the rents or they will risk losing their business as a consequence of the stake cut. The...

Theresa May and the Tory government agreed that the stake cuts on fixed-odds betting terminals should go from £100.00 to £2.00 as of April 1, 2019. Following strong criticism and the resignation by the Sports Minister Tracey Crouch as a sign of revolt, UK gambling operators have received two bad...

UK’s Sports Minister Tracey Crouch Resigned Following the Delay of FOBT Stake Cut, But Now Things Are Changing Significant changes in the gambling industry were made this year, but the one that caused the most drama was the delay of the FOBT stake cut from £100.00 to £2.00. Although reportedly...