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In their letter to the Prime Minister, Penn and Gorman suggested that the proposed lottery ban would not be enough to protect the revenue of newsagents. However, if government did accept Lottoland’s proposal, there would at least be an additional income stream for these newsagents.
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Amid the regulatory changes in Australia, William Hill is hoping for the US betting market to expand. The UK betting giant has posted a pre-tax loss of £74.6 million (AU$133,16 million) for 2017. This was largely due to the write-down of its Australian operations.