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William Hill to close 109 UK shops following FOBT tax hike

25th April 2014 8:07 am GMT

William Hill says it will close 109 betting shops in the UK this year as a result of the government's recent hike in Machine Games Duty, with over 400 employees facing possible redundancy.

The company said Friday that the unexpected duty increase from 20 to 25 per cent on fixed-odds betting terminals (FOBTs), announced by the government in late March, had caused it to initiate a review of shop profitability resulting in [...]

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