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BUZZ-UK Bookies: relief over government review

Reuters - UK Focus

** Gains seen among UK bookmakers after long-awaited review from Department for Digital, Culture, Media & Sport

** DCMS says maximum stake on gambling machines in British betting shops could be cut from £100 to between £2 to £50, starting a 12-week consultation period

** "This is not a surprise and the market is pricing in a cut, in our view," Barclays (LSE: BARC.L - news) says

** Ladbrokes Coral (LSE: LAD.L - news) & William Hill, both down by almost a quarter since late August 2016 peaks, up 1.6% and 2.4% on Tuesday in volume

** Lawmakers suggested last Dec (Shanghai: 600875.SS - news) . that Britain should drastically reduce the amount of money gamblers can stake to only £2

(RM (LSE: RM.L - news) : justin.varghese.thomsonreuters.com@reuters.net)