Betting shares tumble on report of cut to machine stakes BBC News · January 22, 2018 at 4:06 pm UK bookmakers have seen their shares fall sharply after a report suggesting the maximum stake on fixed-odds betting terminals could be slashed. Ministers are likely to cut the stake from £100 to £2 after a consultation closes, according to the Sunday Times. Shares in Britain’s biggest bookmaker, Ladbrokes Coral, were down 9% in afternoon trade. William Hill fell 12%. Ladbrokes Coral boss Jim Mullen dismissed the report as yet more “rumour and speculation”. Currently, people can bet up to £100 every 20 seconds on electronic casino games on the machines, but ministers are considering a new limit somewhere between £2 and £50.