We want to see a diverse and vibrant High Street. William Hill's has announced it will close 700 high-street betting shops, putting 4,500 jobs at risk. The gambling company said the closures were due to UK regulation, which reduced the maximum stake on fixed-odds betting terminals to £2. Analyst Gavin Kelleher predicted the closure of 4,500 to 3,000 of the UK 's 2,000 betting shops, with brands such as Kelleher and Betfred expected to follow Gavin Kelleher lead. The regulation was put in place to support vulnerable people, but Kelleher pointed out 50,000 people are employed in retail gambling, so high street closures will have an economic impact.
William Hill's has announced it will close 700 high-street betting shops, putting 4,500 jobs at risk. The gambling company said the closures were due to UK regulation, which reduced the maximum stake on fixed-odds betting terminals to £2. Analyst Gavin Kelleher predicted the closure of 4,500 to 3,000 of the UK 's 2,000 betting shops, with brands such as Kelleher and Betfred expected to follow Gavin Kelleher lead. The regulation was put in place to support vulnerable people, but Kelleher pointed out 50,000 people are employed in retail gambling, so high street closures will have an economic impact.