Shares in betting firms plunge over suggested £2 cap in online casinos

Investors in bookmakers stage major sell-off after regular says it may slash maximum stakes Shares in gambling companies have plunged in value by hundreds of millions of pounds after the industry regulator said it would consider slashing the maximum allowable stake on online casino games to £2. The Gambling Commission's chief executive, Neil McArthur, told a cross-parliamentary group of MPs investigating the harm caused by betting that it would consider their proposal to cut stakes over the nex...