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'Up to 3,000 betting shops to close'

8730648774_986ede2de6_b.jpg?profile=RESIZE_710xWilliam Hill's decision to close 700 shops could just be the beginning of a wave of High Street betting shop closures, an analyst has warned.

Between 2,000 and 3,000 bookies could close out of the UK's 8,400 shops, analyst Gavin Kelleher told the BBC.

William Hill blamed the closures on the UK government's decision to reduce the maximum stake on fixed-odds betting terminals from £100 to £2.

The stakes were reduced to help vulnerable people and problem gamblers.

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BBC News

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