Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Bookmakers could face big hit from regulatory changes

Research from Credit Suisse suggests there is an increased chance the Government will slash the maximum stake for fixed odds betting terminals from £100 to £2 in a review later this year.

This could mean a big hit to profitability at bookmakers William Hill (WMH) and Ladbrokes Coral (LCL). The investment bank quantifies this as a 40% hit to profits at William Hill and 50% at Ladbrokes Coral.

‹ Previous2017-08-17Next ›