Casino News: WH Layoffs, Jackpot Win, Robbery
This week’s casino headlines deliver a combination of very good news and bad news. We’ll start with the news that is bad William Hill is placed to help make some big layoffs within the United Kingdom.
Massive Layoffs Expected At William Hill After Closure Of 700 Betting Shops
It’s taken a time that is long online gaming to overtake the land-based variation, but this week, we saw a big indicator of the current times.
Massive layoffs are expected in the uk after William Hill’s decision to shut 700 betting shops across the nation. The move comes after the UK government, under Theresa May, decided to lessen the spread of Fixed Odds Betting terminals. As result for the book closures, more than 4,500 jobs are expected to be lost in total. The betting terminals, which critics have dubbed the ‘crack cocaine’ of gambling, had generated a boom in the amount of shops on British streets that are high. Nevertheless, having an original bet that is maximum of euros per play, there were concerns that players were left much too vulnerable to losing big quantities of money when using the terminals.
One other issue is that online sports betting is more readily available and accessible. Going to a land-based store to place bets felt a bit archaic.
The shop that is betting’ union Community called the decision by William Hill ‘devastating news’ for the company’s employees. Meanwhile, the critics that campaigned in favour of guide closures welcomed t (more…)