Monday, January 22, 2018

Betting firms warn over jobs after shares sink on stake cut reports

A stake cut to £2 would cause 3,000 betting shops to close and 15,000 job losses, according to a KPMG report for the Association of British Bookmakers. The research found that horse racing income would drop by £30,000 for every betting shop that closes, while media rights payments would also take a ...
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