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A brave move by BoyleSports at a time when industry is under pressure
BoyleSports founder John BoyleCredit: Patrick McCann
The high street is under intense pressure and betting shops are no exception so BoyleSports' decision to enter the UK retail sector represents a brave move.
The rise in online betting has put pressure on the retail sector, although the emergence of FOBTs stemmed the long-term contraction in numbers for many years.
However, the government's decision to reduce FOBT stakes to £2 from £100 has removed that safety net, with thousands of betting shops predicted to shut their doors forever in the coming months.
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