‘We remain convinced that ridding our high streets of these addictive machines is to be welcomed.’

Calculated risk: There’s more at stake than jobs when it comes to the gambling industry, says Alison Mather

by Alison Mather 19th July 2019

Friends may have heard the recent announcement that the bookmaker William Hill plans to close 700 (thirty per cent) of its outlets, with the loss of around 4,500 jobs. Ladbrokes, Betfred and other major bookmakers are expected to follow, with one analyst suggesting that up to 3,000 could close. William Hill blames its decision on the government’s reduction of the maximum stake for Fixed-Odds Betting Terminals (FOBTs) from £100 to £2, calling for government support for staff facing redundancy. The Association of British Bookmakers often cited job losses as key reasons for opposing the changes.