William Hill, one of the United Kingdom’s largest bookmakers which is also involved in online gambling offering online casino games (William Hill Casino), poker and sports betting, has let it be known that it may close over a hundred of its High Street betting shops during the year. The reason given is the recent tax increase the government has placed on Fixed Odds Betting Terminals. William Hill’s betting shops along with other bookmakers’ shops had installed the Fixed Odds Betting machines in their premises from 2001 and gamblers could bet on different games and events with roulette being the most popular game.
The bookmakers response to the removal of the Fixed Odds Betting Terminals from their High Street shops was that they would be forced to close shops and this is the current situation for William Hill. The company has claimed that the extra tax on the Fixed Odds Betting Terminals would cost it almost 22 million pounds annually and it is closing just over 100 of its shops losing over 400 jobs to avoid this situation.