Fixed Odds Betting Terminals
November 19 2003 - 7:30AM
UK Regulatory
RNS Number:2507S
William Hill PLC
19 November 2003
WILLIAM HILL PLC
FIXED ODDS BETTING TERMINALS
The Association of British Bookmakers (ABB) has today announced the introduction
of a Code of Practice governing the use of Fixed Odds Betting Terminals (FOBTs)
in Licensed Betting Offices.
The Code has been developed in conjunction with the Department of Culture, Media
and Sport.
The Gaming Board have stated that the agreed terms remove the public policy
concerns which led to their instituting legal proceedings against the ABB.
Accordingly, the Gaming Board and the ABB have agreed to terminate their joint
application to the High Court for a determination as to the legality of certain
products on FOBTs.
Further Enquiries:
David Harding 0208 918 3910
Chief Executive
Tom Singer 0208 918 3910
Group Finance Director
This information is provided by RNS
The company news service from the London Stock Exchange
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