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In hopes of helping to stamp out problem gambling, the government of the United Kingdom has reportedly announced that it is planning to reduce the maximum single stake for the nation’s over 34,000 fixed-odds betting terminals (FOBTs) from ￡100 (4.“The government has handed us a tough challenge today and it will take some time for the full impact to be understood,” Philip Bowcock, Chief Executive Officer for London-listed William Hill, reportedly told the broadcaster.“We recognize the potential impact of this change for betting shops, which depend on FOBT revenues, but also that this is an industry that is innovative and able to adapt to changes,” Crouch reportedly told the BBC....

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