William Hill Closing 900 UK Betting Shops

William Hill Plc announced it will close 900 UK betting shops as part of what it called a strategic realignment focusing on international growth and digital transformation. The betting group also said it had suffered a 15 percent drop in operating profits in 2018. The closings come ahead of the UK implementing a drop in the maximum bet allowed of fixed odds betting terminals to £2 from £100, which was expected to lead to massive cuts by UK bookmakers.