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Gambling Reforms 'Could Close 1,000 Pubs'

UK -- As reported by the Scotsman: "The Government's proposals for gambling reform could lead to the closure of 1,000 pubs and 100 bingo halls, a study revealed today.

"Researchers said the growth in the gambling market over the next five years may only be between 16% and 25% and the Government is being "over-optimistic".

"Although the proposals will boost employment, the study shows some of it will come from employees moving from existing pubs, clubs and betting shops.

"The findings are revealed in a leisure forecast which predicts trends in the industry into 2008 and is published today by Sheffield Hallam University's Leisure Industries Research Centre.

"...Today's report said fears that the Bill may lead to the closure of around 100 smaller bingo halls and 1,000 pubs are justified.

"...Researchers added that the real winners will be major international investors, such as MGM Mirage and Caesars Entertainment..."

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