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jamul. casinoDespite “excellent” US expansion throughout 2018, William Hill told investors Monday to expect a 15 percent fall in profits when it issues its full year results on March 1. Shares dipped 2.45 percent on the announcement.The company said tighter regulations and a lackluster retail betting market at home were to blame — and this is before a slash in the maximum odds of fixed-odds betting terminals is expected to decimate the land-based betting sector in the UK.William Hill’s stateside arm has been busy since the US Supreme Court rejected PASPA, the federal ban on sports betting.  a gambling debt — it was a line of credit that had not been paid. While the US is liberalizing sports betting laws, the UK — previously one of the most liberal regulated markets in the world — has tightened things up, especially in regard to its KYI (know your customer) regulations.In February, William Hill was fined £6.2 million ($harrah s casino gift shop8 million) by the UK Gambling Commission (UKGC) for KYI compliance failures that allowed ten customers to gamble with money that was the proceeds of crime.The slash in maximum stakes on fixed-odds betting terminals from £100 (9) to £2 (.57) is due to come into effect in April and the betting industry has warned there will be hundreds of shop closures and thousands of job losses as a result.In order to offset the loss in government revenue from the machines, there will also be a rise in taGreen)The British sports betting giant estimated operating profit will be £234 million (1 million), after raking in £290 million (3 million) in 2017. Green)The British sports betting giant estimated operating profit will be £234 million (1 million), after raking in £290 million (3 million) in 2017. bellagio casino facebook