The British bookmaker William Hill wants to close seven hundred gambling offices. With that, jobs of 4500 employees are at stake, the gambling company says. The company blames the closures on new legislation in the UK for certain slot machines.

The gambling giant saw a drastic fall in sales from sports betting machines this year. For those slot machines in the United Kingdom, by far the most important market for William Hill, a legal bet of 2 pounds applies since April. That used to be 100 pounds.

Large bookmakers have been warning about job losses due to the new rules. The first gambling offices of William Hill will close their doors this year. It is not yet clear whether offices will also disappear outside of Great Britain.

William Hill, founded in 1934, is said to be one of the largest companies in the gambling industry. In addition to the United Kingdom, the 15,500 employee company is also active in the United States, Italy and Spain.

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