William Hill to Close 700 Betting Shops, Cutting 4,500 Jobs

  • Shutdowns add to woes of U.K.’s troubled shopping districts
  • Chain had warned of effect from new limits on betting machines

Pedestrians pass a William Hill Plc betting shop in King's Lynn, U.K.

Photographer: Chris Ratcliffe/Bloomberg
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British bookmaker William Hill Plc plans to close 700 shops as it feels the impact of a law limiting bets on roulette and poker machines.