Betting Shops

Bookmaker Ladbrokes Coral ‘bends rules that protect gambling addicts’

Posted on May 31, 2017 by admin

Britain’s biggest bookmaker weakened rules designed to tackle money laundering and problem gamblers in order to increase profits, a whistleblower claims.

Read the full story in The Times.

Punters lose billions in fixed‑odds betting frenzy

Posted on May 11, 2017 by admin

Britons have lost £11 billion on fixed-odds betting terminals since 2008 in a gambling frenzy that has cost the economy almost 200,000 jobs, according to research.

The figures will heap pressure on Theresa May to outline Tory plans to clamp down on the machines. Labour has promised to cap stakes at £2 and a Conservative think tank has urged the prime minister to do the same.

A government review into the machines, known as FOBTs, was shelved once the election was called. The machines allow customers to bet up to £100 every 20 seconds on electronic casino games such as roulette. Campaigners say that the quick-fire play and high stakes encourage players to chase losses and the machines contribute to poverty, crime and family breakdown.

Read more in The Times

Football international begs bookies to ban him from betting after becoming addicted to ‘crack cocaine of gambling’

Posted on May 4, 2017 by admin

A Scotland international football star has begged bookies to ban him from betting after spending thousands on bets labelled the ‘crack cocaine of gambling ’

The unnamed £8m player sought help for an addiction to fixed-odds betting terminals (FOBTs) which allow punters to blow up to £100 every 20 seconds.

The star has joined a scheme which will see bookies staff refuse to serve him for 12 months. The scheme, operated by Ladbrokes, involves the players details being circulated to staff who will then block him from betting.

Read the full story in The Mirror 

Stowmarket drug user robbed betting shop to get help with his addiction

Posted on May 4, 2017 by admin

A Stowmarket drug user who robbed a betting shop afterwards told police that he had done it to get help with his addiction.

Martin Everdell, 35, threatened a worker at the town’s Coral Bookmakers, in the Market Place, while armed with a knife and got away with £140.

Ipswich Crown Court heard that Everdell, of The Grove, Stowmarket, walked into the shop on the evening of March 26 with a scarf covering his face.

Read more the full story in the Bury Free Press

Bookies profiting illegally from underage gamblers says Fairer Gambling Campaign

Posted on April 20, 2017 by admin

The Campaign for Fairer Gambling ask questions about the high street betting shops which allow young people to gamble without properly checking ID. (more…)

Problem gambling ‘takes a £30bn toll on nation’s happiness’, says study

Posted on April 19, 2017 by admin

Can you put a price on misery? When it comes to problem gambling the answer, apparently, is yes.

A team of economists has calculated that if the UK’s hundreds of thousands of problem gamblers were to be cured of their addictions, the boost to the nation’s collective happiness would be equivalent to a £30bn windfall.

The work, based on an analysis of 10,000 adult gamblers presented at last week’s Royal Economic Society’s annual conference, suggests that around 0.7% of adults, about a third of a million people, are now classified as problem gamblers.

Read the full story in The Guardian

Bookies’ scaremongering over betting shop closures

Posted on April 12, 2017 by admin

The Campaign for Fairer Gambling asks questions about projections of betting shop closures which could take place if changes to fixed odds betting terminal stake levels are brought in by the Government. (more…)

Bookmakers fail to check ages of young gamblers

Posted on April 12, 2017 by admin

High street bookmakers are flouting age-check rules for users of betting machines linked to a rise in problem gambling, an undercover investigation has found.

Teenage “mystery shoppers” were able to use fixed-odds betting terminals without being challenged in 65 out of 108 shops run by some of the largest gambling chains. FOBTs, known as the “crack cocaine of gambling”, allow players to stake up to £100 every 20 seconds on casino games such as roulette and bingo. Last year punters lost £1.8 billion on the machines, according to the Gambling Commission.

Read the full story in The Times

Betting shops must learn to live with curbs on ‘dangerous’ high-stakes machines, trade body warns

Posted on April 11, 2017 by admin

The betting industry is “scaremongering” and must learn to live with forthcoming curbs on “dangerous” high-stakes gambling machines, a high-profile trade body has argued.

Bacta, the trade association for the UK’s amusement and gaming machine industry, has criticised research published by the bookmaking industry suggesting thousands of high street shops could close if the Government is overly punitive when it rules on the maximum punters can stake at one time on so-called “fixed odds betting terminals”, or FOBTs.

Read the full story in The Telegraph

Bookies wait for outcome on fixed-odds stakes

Posted on April 11, 2017 by admin

Bookmakers have bet on unlikely saviours — Brexit, the Treasury, even the Queen — to halt a regulatory raid on earnings at Britain’s largest gambling companies.

Such hopes appear to be long shots as the government prepares to announce the findings of a review into the gambling industry that is threatening to upend the sector.

Among the issues being addressed by the Department for Culture, Media and Sport is the perceived harm caused by fixed-odds betting terminals (FOBTs) — gambling machines within betting shops which offer games like roulette.

Read the full story in the Financial Times