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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.“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.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....

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89 million) while the Managing Director for localonline casino video roulette sportsbetting operator Betfred, Mark Stebbings, reportedly detailed that the government had ‘played politics with people’s jobs’ because the reduction was ‘clearly not evidence-based but a political decision’.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 gaming portfolio of Nolimit will now be distributed across the extensive partner network of GiG as well as within its proprietary online casino brands....

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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.“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.GiG operates several B2C brands including Super Lenny, Guts, Rizk and Betspin....

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