|Bid||29.50 x 0|
|Ask||29.70 x 0|
|Day's range||29.20 - 29.70|
|52-week range||25.00 - 60.80|
|Beta (3Y monthly)||1.40|
|PE ratio (TTM)||N/A|
|Earnings date||22 Aug 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||53.00|
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Culture minister Jeremy Wright said a previously announced cut to the maximum stake on fixed-odds betting terminals (FOBTs) would now take place next April. Last month, the government announced in its budget that the cut, from 100 pounds to just two pounds, would take place in October 2019. Several lawmakers have called for curbs on FOBTs, which have been widely blamed for allowing gamblers to rack up large losses in a short space of time.
Britain will bring forward a planned cut to the maximum stake on fixed-odds betting terminals by six months to April 2019, culture minister Jeremy Wright said in a statement to parliament on Wednesday. Earlier this month sports minister Tracey Crouch resigned, accusing the government of delaying to October the planned cut to the maximum stake from 100 pounds to just two pounds. Wright said a planned increase in Remote Gaming Duty, paid by online gaming operators, would also be brought forward to April to cover the negative impact on the public finances.
Britain's culture minister will set out further details later on Wednesday on the government's planned cut to the maximum stake on fixed-odds betting terminals (FOBTs), Prime Minister Theresa May said. The government is facing a defeat on its budget legislation in parliament next week after many lawmakers from May's own Conservatives backed an amendment which would force it to bring forward the timing of the cut from October to April next year.
The government is to cut the maximum stake on fixed-odds betting terminals (FOBTs) from 100 pounds ($130) to just two pounds, but announced this week the reduction would not take effect until next October. The move came after ministers opted to try to tackle problem gambling on the machines and rejected claims that such a big reduction could cost thousands of jobs. The reduction had been announced by Crouch, 43.
Britain's finance minister Philip Hammond announced on Monday plans to increase taxes paid by offshore gambling companies from next year to offset lost tax revenue from cutting the amount that can be staked ...