Impact of £2 FOBT stake on LBO sector is well wide of the mark

New figures published this week by esteemed analysts Cebr indicate that the government is way out in its assessment of how badly a £2 stake will impact the LBO sector. Commissioned by Bacta, the 60-page report certainly packs a punch. Predicted losses to the UK bookmaking industry resulting from a reduction in FOBT stake to £2 are being wildly exaggerated according to a study commissioned by trade body Bacta. The shortfall in annual gross gambling yield, says the Centre for Economic and Business Research (CEBR), will be £335m, nearly 47 per cent less than the £639m projected by the [ ] The post Impact of £2 FOBT stake on LBO sector is well wide of the mark appeared first on Coinslot.
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