Bookmaker share prices fall on £2 FOBT stake reports

Ladbrokes Coral and William Hill shares down more than 10% as DCMS prepares to introduce £2 maximum FOBT stake

The share price of UK bookmakers has dropped significantly this morning as operators after reports the government favours a new £2 maximum stake on fixed odds betting terminals (FOBTs). Those with a heavy retail presence have been hit the hardest, with William Hill down 13% and Ladbrokes Coral down by 10% at the time of…

DCMS | Finance | Jim Mullen | Ladbrokes Coral | Paddy Power Betfair | Regulation | Triennial review | William Hill