William Hill to close 700 betting shops across the UK with Renfrewshire branches at risk William Hill to close 700 betting shops across the UK with Renfrewshire branches at risk
Betting chain William Hill have announced plans to close around 700 licensed betting shops. It is unclear at this time if any shops in... William Hill to close 700 betting shops across the UK with Renfrewshire branches at risk

Betting chain William Hill have announced plans to close around 700 licensed betting shops.

It is unclear at this time if any shops in Renfrewshire and East Renfrewshire will close.

Across the UK, 4,500 employees are at risk of losing their jobs.

The company blames the UK government’s decision in April to reduce the maximum stake on fixed-odds betting terminals to £2.

Since then the company said it had seen “a significant fall” in gaming machine revenues.

A spokesperson for William Hill, said: “William Hill has entered into a consultation process with retail colleagues over plans to close around 700 licensed betting offices. This follows the Government’s decision to reduce the maximum stake on B2 gaming products to £2 on 1 April 2019. 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.

“A large number of redundancies is anticipated with 4,500 colleagues at risk. The Group will look to apply voluntary redundancy and redeployment measures extensively and will be providing support to all colleagues throughout the process.

“Subject to the outcome of the consultation process, shop closures are likely to begin before the end of the year.”

Main Photo: Johnstone Beith Road branch of William Hill
Photo Credit: Craig McIntosh

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