Published
Land-BasedSports BettingIndustry

Scottish bookmakers on the decline amidst FOBT review

Desp

scottlandhighstreet
ite the popularity of fixed odd betting terminals, the number of high street bookmakers in Scotland has actually been in a period of steady decline since 2011.

Latest industry figures have revealed that a total of 90 betting shops closed during the period 2011-2016, as independent operators couldn’t keep up with the ‘big four’ industry heavyweights.

After months of delays, the industry is nervously awaiting the outcome of the UK Government’s Triennial Review, which could see the FOBT stakes reduced from £100 a minute to just £2.

Much to the dismay of UK bookmakers, this detrimental decision could spark a wave of consolidation across the country.

FOBT’s have long-been regarded as the lifeblood of UK bookmakers, however, this pivotal decision will dictate what the landscape will look like in the future for the high street industry.

According to figures posted by the Gambling Commission, £1.7bn was spent on FOBTs between October 2014 and September 2015, accounting for 56% of betting shops’ profits.

A decision is expected in the coming months, although this will now seem the least of independent Scott bookmakers as they can barely keep up with the industry giants as it currently stands.
Premium+ Connections
Premium

Revsharks

 
Premium

1xBet Partners

 
Premium

Galaxsys

 
Premium

GammaStack

 
Premium

Lynon

 
Premium

Imagine Live

 
Premium

Sport Generate

 
Premium

RISK

 
Premium

Digitain

 
 
Premium

PIN-UP Partners

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...