Derek Webb, founder of the Campaign for Fairer Gambling comments on recent fixed odds betting terminal (FOBT) news. (more…)
Thinking of wandering down to your local bookie on Monday to have a flutter? Well if British horseracing attracts you, don’t bother to go to a Ladbrokes/Coral or Betfred shop. As of Monday, they have decided they can make do without pictures from Britain’s biggest racecourse group.
It is, of course, right that if they feel they can make do without Arena Racing’s content from these courses, it is a sensible business decision not to buy it. If they want to turn their backs on racing, they have other products to push, and punters have other betting shops to go to for those races. Assuming they don’t live in Chipping Norton and own a bicycle.
Read the full story in The Telegraph
In December, 2016, the All-Party Parliamentary Group on Fixed Odds Betting Terminals published the interim findings of its investigation into the effects of FOBTs, and made a number of recommendations.
Over the last few years, heart-breaking story after heart-breaking story has been reported, with gamblers losing their savings, marriages, careers and homes as a result of these addictive machines, where thousands of pounds can be lost in a matter of minutes. According to Stop the FOBTs, over £7m has been lost by people gambling on these machines in Bolton in the twelve months leading up to September 2016, of which over £3.7m was lost in my constituency. The report highlights the need to limit the stake per play on these machines, preferably to a maximum of £2, and also the need to limit the number of FOBTs permitted in individual betting shops.
Read the full story on MP Yasmin Qureshi’s blog
Gambling firms staged a charm offensive during 2016, spending more money on adverts and stepping up the hospitality they offer MPs, who are considering a regulatory crackdown.
The industry has come under the spotlight amid concern about its commitment to curbing problem gambling and fears about the influence that daytime TV adverts have on children.
The increased scrutiny culminated in a government review of betting firms’ social responsibility, including controversial fixed-odds betting terminals (FOBTs), often dubbed the “crack cocaine” of gambling for their addictive nature.
The parliamentary register of members’ interests, which details the value of gifts and donations received by politicians, reveals that major bookmakers and horse racing firms quadrupled their efforts to entertain MPs ahead of the review.
Read the full story in The Guardian