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EIHDF - U.K. Gambling Stocks Hard Hit By Political Risk - The Election Might Change This
888 Holdings Plc Ord
Political risk is always a problem
There's a rather Puritan movement in the UK at present - a desire to stop people doing what they enjoy doing. We see it in all sorts of things: sugar taxes, forced reformulations of foods, and, the issue that concerns us here, the stakes that gamblers may use.
The past couple of years have seen an ultimately successful campaign to limit the stakes that can be used on Fixed Odds Betting Machines - FOBTs. The argument was that by being able to stake up to £100 a time on