clearwater casino calendarBritish sports books are seeing their stocks plummet, as media reports that fixed-odds betting terminal (FOBT) wagers will be cut from maximums of £100 (0) down to £2 (.The long-awaited decision is having a negative impact on the bookmakers’ London Stock Exchange (LSE) shares, as government’s plans to slash the maximum stakes on the betting machines become closer to reality.Bookies had warned that anything lower would be devastating to the retail betting sector, resulting in 20,000 job losses and the closure of thousands of betting shops across the country.resorts casino lost and found“His attitude to FOBTs is very negative because it takes money from reasonable, mature betting, like on the horses.” The betting industry had previously believed that he was sympathetic to its cause.”Casinos Deserve Credit Meanwhile, as the UK betting industry rings its hands over the expected reduction, the country’s casinos are calling on the government to raise the stakes for high rollers.bicycle casino security job

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paradise 8 online casino loginThe sector took heart in the recent appointment of Matt Hancock as head of the DCMS, a minister who was perceived to be sympathetic to the racing and betting industries.He thinks these machines are a social blight.Matt Hancock MP is apparently no fan of FOBTs, describing them as a “social blight.blackjack casino online freeIt would also severely deplete funding for the horseracing industry and drain goverencore.casinonment tax coffers by £1 billion, they warned.He thinks these machines are a social blight.He thinks these machines are a social blight.borgata online casino slots

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harrah s casino from hereHe thinks these machines are a social blight.MGM, which is more largely focused on Las Vegas and various cities throughout the US, is less dependent on Macau.But they were apparently mistaken.(Image: Getty)Shares in leading bookmakers like William Hill, Ladbrokes, and PaddyPower tumbled on the rumors, first reported in London’s Sunday Times, that the Department of Culture, Media and Sport (DCMS) would take the most radical option available when the review comes to an end at noon on Tuesday.But London casinos like The Hippodrome, Crown Aspinalls, and Crockfords are campaigning for a change in that law, which they believe might help with the impending shortfall in tax revenues from the betting industry.Worst Fears RealizedThe industry had expected to face a reduction to either £20 () or £30 ().four winds casino bus