The decision follows complaints the machines were highly addictive and allowed players to lose large sums too quickly.
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Britain will cut the maximum stake on fixed-odds betting terminals to just 2 pounds after the government opted to try to tackle problem gambling and rejected claims that such a big reduction could cost thousands of jobs.The decision follows complaints that the machines, on which gamblers in high-street shops bet up to 100 pounds ($135) every 20 seconds on games such as roulette, were highly addictive and allowed players to lose large sums of money too quickly.There are over 8,788 betting shops in Britain and companies are allowed to install a maximum of four machines per shop. Ladbrokes Coral bought by GVC for close to 4 billion pounds late last year and operates close to 3,500 high-street betting shops across the U.K., employing over 25,000 people.
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