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'How the hell are we supposed to solve this problem?' - bookies up in arms as banks continue to close accounts
Bill BarberIndustry editor
Racecourse bookmakers have reported banks closing down their bank accountsCredit: Alan Crowhurst/Getty Images
Racecourse bookmakers continue to experience problems with banks closing their accounts and are increasingly frustrated by the lack of engagement with their issues.
In the wake of the row over the shutting down of ex-Ukip leader Nigel Farage's account in the summer, the Racing Post spoke to a number of bookmakers who have had their bank accounts closed without reason.
Conservative MP Philip Davies described the situation facing bookmakers as a "scandal" and covered the issue on the GB News programme he hosts with wife Esther McVey MP.
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more inBetting World
- 'It would be nice if they'd listen' - independent bookmakers spell out concerns to government over statutory levy rate
- 'We don't need a default of asking for documentation' - Andrew Rhodes discusses the new code for customer checks
- 'The industry is in a good and positive place' - Brigid Simmonds looks back on her time at the Betting and Gaming Council
- Government says it is working 'at pace' to have white paper measures in force by the summer
- The Gambling Commission has launched its new corporate strategy - but what are the key points?