Tag: FOBT

After months of controversy, debate, and general drama, UK lawmakers are pressing forward with a stake cut on fixed-odds betting terminals (FOBT) and a major tax hike on online casinos. The new changes will be implemented in April of 2019, nearly six months earlier than was previously anticipated. Word of the new timeline was announced…

Fixed odds betting terminals (FOBTs) have long been the source of controversy in the UK and, late last week, UK gaming regulators made the decision to move the maximum stake at FOBTs from £100 to a mere £2. To say that this decision will have a major impact on the UK and UK-facing gaming industry…