Ladbrokes to lose up to 20% from the reduction of maximum FOBT bets

Ladbrokes to lose up to 20% from the reduction of maximum FOBT bets

The Financial Times assumed, how much Ladbrokes may lose depending on a decision of the British government regarding fixed odds betting terminals.

Analysts predict, that the decrease of a maximum bet in FOBT to 50 pounds sterling will an insignificant impact, the decrease to 25 pounds sterling will cause the income loss of 84 million pounds sterling, but the decrease to 2 pounds will cause Ladbrokes to lose 437 million pounds.

Let us remind you that the company previously published its financial report, where they managed to achieve 4% net income for the past four months leveling negative indicators of 2% for the second quarter of 2017.