UK Labour Stake Cuts Could Crush Online Casino, Analysts Say

Analyst reports tweaking GambleAware data suggest that UK online gambling profit relies heavily on high-rollers, which could mean pain for operators if the Labour Party delivers on a warning to set staking limits to match land-based machines.

Online casino staking limits could cut 15 to 25 percent from earnings per share, according to a Morgan Stanley report released on Monday.

William Hill and Playtech could be hurt most, while GVC and Paddy Power Betfair would be affected least, the report said.

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