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Betfred currently operates approximately 1,094 retail shops across the UK. Done highlighted the concrete risks of Machine Gaming Duty – taxes on gambling machines – doubling from 20% to 40%, a move reportedly under consideration by Chancellor John Healey ahead of the Autumn Budget.
Betfred’s retail business still heavily depends on fixed-odds betting terminals (FOBTs) and in-shop gambling. Despite the maximum stake limit being cut to £2 in 2019, FOBTs account for roughly half of Betfred’s shop profits. Done emphasised that without these machines, retail betting wass “impossible”.
According to Done, such a tax rise would lead Betfred to close 495 of its shops within a year, resulting in the loss of 2,575 jobs and roughly £67 million in foregone tax revenue for the Exchequer.
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This followed a period of restrategising for the operator, after rebranding from GVC Holdings and committing to having 100% of its revenues come from regulated markets.
But its share price has taken a tumble over the last year, dropping up to 37% since September 2025. Its market cap currently sits at £3.39 billion.
The operator first started trading on LSEG’s main market in February 2016 under its previous company name GVC Holdings. This followed its delisting from the Alternative Investment Market (AIM exchange).
About Argonauts
The post Spinomenal Deepens Its Aztec-Themed Catalog With 3 Aztec Spells Rollout appeared first on Vegas Slots Online News.
Spinomenal has added another Mesoamerican title to its portfolio. 3 Aztec Spells is a five-reel slot with fixed paylines and an Aztec theme, and it went live on September 21, 2026.
The news here is less about any single mechanic than about continuity. 3 Aztec Spells is the latest entry in Spinomenal’s ongoing habit of grouping releases into recognizable, numbered families built around repeatable themes.
