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77) down to a more modest ￡2 (.“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.GiG operates several B2C brands including Super Lenny, Guts, Rizk and Betspin....

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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.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.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....