William Hill's decision to close 700 shops could just be the beginning of a wave of High Street betting shop closures, an analyst has warned.

Between 2000 and 3000 bookies could close out of the UK's 8400 shops, analyst Gavin Kelleher told the BBC.

William Hill blamed the closures on the UK government's decision to reduce the maximum stake on fixed-odds betting terminals from EU100 to EU2. The stakes were reduced to help vulnerable people and problem gamblers.