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UKGC orders bookmakers to remove new products

3rd April 2019 8:46 am GMT

High street bookmakers Paddy Power Betfair and Betfred could face further regulatory action from the UK Gambling Commission (UKGC) after being forced to remove newly launched products from their betting shops.

This week saw the introduction of the reduced maximum stake on fixed odds betting terminals (FOBTS) from £100 to £2, with UKGC chief executive Neil McArthur writing to bookmakers to warn against any attempts to circumvent the FOBT stake cut.

On the same day that the stake [...]

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