A £2 max stake, is a worst-case scenario for operators with betting shops, we estimate (table 1, p2) it will reduce operators’ revenues and profits significantly, though these estimates exclude any self-help initiatives available to management teams, such as shop closures, automation (SSBTs) and further omnichannel rollout to mitigate the impact of lower B2 limits. Furthermore, we estimate increasing POC tax from 15% to 20% for online (table 3, p4), would offset the taxes lost on
16 May 2018
£2 FOBT limit and self-help estimates
Entain PLC (ENT:LON), 783 | Flutter Entertainment Plc (FLTR:LON), 16,165 | Playtech plc (PTEC:LON), 488
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£2 FOBT limit and self-help estimates
Entain PLC (ENT:LON), 783 | Flutter Entertainment Plc (FLTR:LON), 16,165 | Playtech plc (PTEC:LON), 488
- Published:
16 May 2018 -
Author:
Michael Campbell -
Pages:
10
A £2 max stake, is a worst-case scenario for operators with betting shops, we estimate (table 1, p2) it will reduce operators’ revenues and profits significantly, though these estimates exclude any self-help initiatives available to management teams, such as shop closures, automation (SSBTs) and further omnichannel rollout to mitigate the impact of lower B2 limits. Furthermore, we estimate increasing POC tax from 15% to 20% for online (table 3, p4), would offset the taxes lost on