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 of features that have been designed to minimize the time its Sweden-based players spend registering, logging in and withdrawing funds.39 billion) after rumors emerged that the government is preparing to slash the maximum stake per spin on fixed-odds betting terminals (FOBTs) by 98% to only ￡2 (.97)....

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“We are now looking at ways to roll out these features in more of our markets where BankID and similar solutions are available.The Daily Mail reported that Chancellor of the Exchequer Philip Hammond (pictured) has now accepted the case for dramatically reducing FOBTs stakes and is currently engaged in discussions with the Secretary of State for Digital, Culture, Media and Sport, Matt Hancock, and others about how to fill the estimated ￡400 million (7. The Stockholm-listed operator revealed that these new features additionally allow existing Swedish players to more quickly login and withdraw winnings....

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94) and ￡5 (. For its part, the Gambling Commission regulator had earlier suggested a figure of about the ￡30 (.However, the Daily Mail reported that the ￡2 figure has been continually pushed by Hancock, who only assumed his latest Cabinet post in January, with a spokesperson for Her Majesty’s Treasury purportedly declaring that the government department is ‘fully supportive’ of his work to ‘balance the needs of vulnerable people [and] consumers who gamble responsibly’ with those working in the industry....

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64 million) due to a 13% decrease in the value of its shares.There are approximately 34,300 FOBTs spread across the United Kingdom’s around 8,780 land-based betting shops and each machine currently allows players to wager as much as ￡100 (9.64 million) due to a 13% decrease in the value of its shares....

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