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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Government expects online gambling industry to lose up to £895 million on white paper reforms

Paddy Power and Sky Bet owner Flutter said the gambling reforms proposed in a Government white paper today will cost it up to £100 million a year, while the Government said it expects measures to cost up to £812 million for the online gambling industry as a whole.

In its review of the costs of the reforms, the Department for Culture, Media and Sport said that new affordability checks are set to cost between £380 million and £710 million, while stake limits for online slots could cost between £125 million and £185 million, for a total hit to the online industry of between £515 million and £895 million.

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