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In hopes of helping to stamp out problem gambling, the government of the United Kingdom has reportedly announced that it is planning to reduce the maximum single stake for the nation’s over 34,000 fixed-odds betting terminals (FOBTs) from ￡100 (4.“The government has handed us a tough challenge today and it will take some time for the full impact to be understood,” Philip Bowcock, Chief Executive Officer for London-listed William Hill, reportedly told the broadcaster.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....

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In 2017, a multi-year deal was established that has now led to the integration of Nolimit City content within the Gaming Innovation Group (GiG) online gaming eco-system.According to a report from the British Broadcasting Corporation (BBC), FOBTs were first introduced to the United Kingdom’s around 8,780 land-based sportsbetting shops in 2001 and allow players to place a wager every 20 seconds on a range of virtual fixed-odds games such as roulette and bingo.”The addition of Nolimit City content to GiG comes just a few weeks after the Nolimit announced a deal with PlayFortuna....

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The banking methods available to players will be dependent on the area of service.As far as banking is concerned, the new online gaming site will have players covered, offering several payment methods including Visa, MasterCard, Trustly, Neteller and Skrill.com....

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According to a report from the British Broadcasting Corporation (BBC), FOBTs were first introduced to the United Kingdom’s around 8,780 land-based sportsbetting shops in 2001 and allow players to place a wager every 20 seconds on a range of virtual fixed-odds games such as roulette and bingo.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.”Nolimit City Head of Sales, Malcolm Mizzi, also commented on the new partnership by stating: “The move towards a direct partnership with a leading company such as GiG, showcases the true strength of our portfolio and the efficiency in Nolimit’s delivery....

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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. For live dealer gaming, Evolution Gaming, NetEnt Live and Extreme Live Gaming will be providing content.“This decision will result in unintended consequences including direct and indirect job losses, empty shops on the High Street and a massive funding hit for the horseracing industry,” Stebbings reportedly told the BBC....