FTSE 350 Review 2018 

FTSE 350: Bet on the bookies

FTSE 350: Bet on the bookies

Investing in gambling groups has become a bit of a bet in itself. But one thing is certain: the biggest challenge facing the sector this year is the outcome of the government’s review into fixed-odds betting terminals (FOBTs). The maximum stake per turn on the machines will be cut from its current level of £100 to either £50, £30, £20 or £2. How gamblers are monitored is also under review, as is how fast machines spin and how long it takes for players to place another bet. A drastic cut to stakes would be bad news for the companies running high-street gambling shops, and could make further consolidation in the industry more likely.

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