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According to a Tuesday report from the Daily Mail newspaper, William Hill was the most seriously affected after it lost ￡370 million (5.39 billion) after rumors emerged that the government is preparing to slash the maximum stake per spin on fixed-odds betting terminals (FOBTs) by 98% to only ￡2 (. The variant’s odds have purportedly been set at twelve-to-one for two-card hands while this is to increase to 20-to-one for hands consisting of three cards....

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There are approximately 34,300 FOBTs spread across the United Kingdom’s around 8,780 land-based betting shops and each machine currently allows players to wager as much as ￡100 (9.Jesper Karrbrink, Chief Executive Officer for Mr Green and Company AB’s United Kingdom-licensed Mr Green Limited subsidiary, stated that the new Express features will ‘contribute to a great gaming experience’ by permitting players to ‘focus on enjoying our games in a safe way’.82) mark while officials had purportedly moreover been considering lower alternatives of ￡10 (....

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But, anti-addiction campaigners reportedly refer to the machines first introduced in 2001 as the ‘crack cocaine’ of gambling and have been lobbying hard for a reduction in this maximum stake.Mr Green and Company AB declared that these Express innovations went live on Friday and permits MrGreen. But, anti-addiction campaigners reportedly refer to the machines first introduced in 2001 as the ‘crack cocaine’ of gambling and have been lobbying hard for a reduction in this maximum stake....