The Campaign for Fairer Gambling writes about progress to reduce stake levels on fixed odds betting terminals ahead of the publication of the DCMS review in October (more…)
A governmental review of fixed-odds betting terminals (FOBTs) has been delayed until October following a disagreement concerning regulation of the machines between the UK’s Treasury and Government.
The Department for Culture, Media and Sport (DCMS) is conducting a review of FOBTs amid concerns that they are highly addictive and can result in gamblers losing thousands of pounds in a matter of minutes. Indeed, last year alone FOBT terminals took a record £1.8bn from British gamblers.
Read the full story in Gambling Insider.
A long-awaited review of fixed-odds betting terminals (FOBTs) has been delayed until the autumn, following a rift between the Treasury and the government department responsible for the gambling industry over regulation of the controversial machines.
The government’s decision has been further complicated by the fact that MPs in the Democratic Unionist party, which holds the balance of power in parliament, are in favour of cutting the maximum FOBT stake from £100 to as low as £2.
Read the full story in The Guardian.
Labour’s Jo Stevens delivered a ruthless burn to Theresa May during the first Prime Minister’s Questions of the new Parliament.
The Cardiff Central MP wants to see a crackdown on casino-like betting machines, one which tens of thousands of pounds are lost by gamblers every year.
Read the full story in The Huffington Post.
There are no economic benefits to the forms of gambling which are reliant on technology rather than labour, says the Campaign for Fairer Gambling. (more…)
The UK’s competition watchdog is investigating gambling operators on concerns they are “unfairly holding on to people’s money.”
The Competition and Markets Authority (CMA) is probing whether the companies are misleading consumers with special sign-up promotions.
Read the full story in Business Insider UK.
Online gambling companies will have the change their “unfair” sign-up deals or face a legal challenge after the Competition and Markets Authority (CMA) announced that it was launching enforcement action against operators that it believes to be breaking consumer law.
Read the full story in The Telegraph.
The Campaign for Fairer Gambling reflects on the Queen’s Speech and looks ahead to any future policy changes on fixed odds betting terminal stake levels. (more…)
Figures have revealed gamblers in Maidenhead lost nearly £2m on fixed-odds betting terminals (FOBT) in 2016 alone.
Data from Bacta, the trade association for the amusement and arcade gaming machine industry, shows £1,959,457 was lost on FOBTs in a total of 10 bookmakers with 37 FOBT machines in the area. Between 2008-2016, £13,275,046 was lost in total.
Read the full story in The Maidenhead Advertiser.
Children as young as 11 in the Grimsby area are starting their gambling careers online.
And North East Lincolnshire has one of the highest number of gambling premises in the country – turning them into “the crack cocaine of the High Street.”
Read the full story in The Grimsby Telegraph.
LATEST NEWS & VIEWS
- 1. Hammer-wielding gambling addict smashed up bookies causing £36,000 damage in revenge after losing thousands
- 2. The Centre for Social Justice supports Fairer Gambling’s objective, and Paddy Power breaks ranks
- 3. Now Labour backs clampdown on ‘crack cocaine’ betting machines: Deputy leader Tom Watson says party supports efforts to limit stakes