BBC·3 min read·medium
Betfred to shut 132 shops after gambling tax hikes
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https://www.facebook.com/bbcnews
✦AI Summary
Betfred is closing 132 betting shops and cutting 600 jobs in the UK, citing increased gambling taxes and rising operational costs. The company described the current fiscal environment as the greatest threat to the industry in decades.
Image source, Getty Images Image caption, The bookmaker chain said more than tenth of its shops would shut
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