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77) down to a more modest ￡2 (.In 2017, a multi-year deal was established that has now led to the integration of Nolimit City content within the Gaming Innovation Group (GiG) online gaming eco-system.“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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”The addition of Nolimit City content to GiG comes just a few weeks after the Nolimit announced a deal with PlayFortuna.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.“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....

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According to a report from the British Broadcasting Corporation (BBC), FOBTs were first introduced to the United Kingdom’s around 8,780 land-based sportsbetting shops in 2001 and allow players to place a wager every 20 seconds on a range of virtual fixed-odds games such as roulette and bingo.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.“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....