Britain Slashes Top Stake On Gambling Machines To 2 Pounds


– Britain will cut the maximum stake on fixed odds betting terminals to two pounds from the current 100 pounds($136) in a bid to curb problem gambling.

The decision follows complaints that the machines were highly addictive and had led to gamblers building up big losses. The terminals are a major source of income for high-street bookmakers which had argued that a cut to the lowest possible option would threaten thousands of jobs.

A fixed odds betting terminal (FOBT) is a touch screen machine that allows players to bet on the outcome of various games such as roulette.

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