William Hill posts £63.5m loss after FOBT stake is cut

almost 5 years in The guardian

High-street bookmaking sales fall 12% after a slump in income from the machines
William Hill reported a loss of £64m in the first half of the year as it coped worse than its rivals with the impact of curbs on fixed-odds betting terminals (FOBTs), a change that has cost the company nearly £1bn.
Shares in William Hill rose by more than 5% in early trading as the markets responded with relief that its results were no worse than expected. Continue reading...

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