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However, the BBC reported that domestic gambling giant William Hill warned that the ‘unprecedented’ move could see up to 900 of its shops become loss-making propositions and lead to its annual retail revenues dropping by as much as ￡100 million (4. Once the final community card is dealt, the player will win if their hand beats the dealer.77 million)....

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Tracey Crouch, the Minister for Sport and Civil Society in the government of Prime Minister Theresa May, reportedly declared that the stake reduction would ‘reduce harm for the most vulnerable’ and ‘substantially’ help to protect players at risk of developing an addiction to gambling. To introduce the games, customized promotions will be offered. After which, the first two community cards are exposed....

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But, Peter Jackson, Chief Executive Officer for Paddy Power Betfair, reportedly welcomed the reduction and explained that the Dublin-headquartered firm has long been worried about the impact FOBTs were having on the industry’s reputation. This is a perfect match and we are truly delighted to be collaborating in this way.69)....

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“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.Similarly, GVC Holdings, which is responsible for the Ladbrokes chain of domestic bookmakers, is said to have proclaimed that the decrease may cause its full-year takings to decline by around ￡160 million (5.The BBC reported that the maximum stake reduction, which is expected to be implemented over the course of the next twelve months, followed an extensive government review into the machines that is said to have discovered consistently high rates of problem gambling as well as ‘a high proportion of those seeking treatment for gambling addiction’ among FOBTs players....