A shake up of UK retail betting shops or LBO’s is pending final outcome of a consultation on 23 January 2018. Limits on B2 (FOBT) machines proposed at £50, £30, £20 or £2 a spin. We estimate at £2 limits earnings for WMH and LCL would fall by c. 49% and c. 57% respectively (assuming no self-help or mitigating factors). We estimate the market is pricing in a £20 limit outcome.
11 Dec 2017
Retail shake up of B2 machines provides opportunities
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Retail shake up of B2 machines provides opportunities
Entain PLC (ENT:LON), 834 | Playtech plc (PTEC:LON), 444
- Published:
11 Dec 2017 -
Author:
Michael Campbell -
Pages:
45
A shake up of UK retail betting shops or LBO’s is pending final outcome of a consultation on 23 January 2018. Limits on B2 (FOBT) machines proposed at £50, £30, £20 or £2 a spin. We estimate at £2 limits earnings for WMH and LCL would fall by c. 49% and c. 57% respectively (assuming no self-help or mitigating factors). We estimate the market is pricing in a £20 limit outcome.