Cost of £2 stake to bookmakers lower than claimed

The cost of a clampdown on fixed-odds betting terminals (FOBTs) is being exaggerated, new independent research suggests. Analysis from the Centre for Economics and Business Research (CEBR), commissioned by Bacta, the trade association representing the UK amusements sector, shows that the economic impact on bookmakers of lower FOBT stakes could be significantly less than existing estimates have suggested. Its model projects that industry losses from a £2 stake could be up to 47 percent lower than suggested by the government’s initial impact assessment, with a £335m reduction in annual Gross Gambling Yield to high street betting shops, against the [ ] The post Cost of £2 stake to bookmakers lower than claimed appeared first on Coinslot.
/2018/01/12/cost-2-stake-bookmakers-lower-claimed/