William Hill plans to close 700 betting shops with thousands of jobs at risk

William Hill. Shutterstock
William Hill. Shutterstock
Share this article
0
Have your say

BETTING group William Hill has said it plans to close around 700 betting shops across the UK, with 4,500 jobs at risk.

William Hill said of its store closure plans: ‘This follows the Government's decision to reduce the maximum stake on B2 gaming products to £2 on April 1, 2019.

READ MORE: Former Portsmouth pub gets a new name - The Dinlo

‘Since then the company has seen a significant fall in gaming machine revenues, in line with the guidance given when the Government's decision was announced in May 2018.’

The group warned a ‘large number of redundancies’ are expected and it has begun consultation meetings with the 4,500 affected staff. It plans to begin shutting shops by the end of the year.

READ MORE: SAS veteran Phil Campion hits out as soldiers evacuated from damp-infested barracks on Thorney Island

William Hill has shops in Southsea, North End, Havant and Chichester.