Bookmakers

UK gambling industry now takes £14bn a year from punters – report

Posted on August 31, 2017 by admin

The British gambling industry has ballooned in size over the past decade, thanks to the growth of online games and the liberalisation of gambling laws by Tony Blair’s government.

Read the full story in The Guardian.

Revealed: how gambling industry targets poor people and ex-gamblers

Posted on August 31, 2017 by admin

The gambling industry is using third-party companies to harvest people’s data, helping bookmakers and online casinos target people on low incomes and those who have stopped gambling, the Guardian can reveal.

Read the full story in The Guardian.

Paddy Power boss Breon Corcoran breaks ranks on gambling machine crackdown

Posted on August 12, 2017 by admin

A leading bookmaker has signalled that it could welcome a crackdown on addictive gambling machines in a blow to the betting industry’s united front in opposing tighter regulation.

Breon Corcoran, the Paddy Power chief executive, has admitted that his company is “almost ambivalent” about slashing the maximum stake on fixed odds betting terminals (FOBTs), which allow gamblers to bet £100 every 20 seconds, to £2.

Read the full story in The Times.

Gamblers winning on bookies’ high stake slots? – according to Gambling Commission data!

Posted on July 26, 2017 by admin

The Campaign for Fairer Gambling asks questions about Gambling Commission data, which is being used as part of a DCMS review into stake levels on fixed odds betting terminals (FOBTs). (more…)

Bosses under fire for telling staff to vote Tory or risk losing jobs

Posted on June 12, 2017 by admin

Two company bosses have come under fire for telling staff to vote Conservative or risk losing their jobs, including one who described as “banter” a warning that “Labour voters will be made redundant first”.

The GMB union branded John Brooker as Dickensian after he apparently told employees at his IT firm Storm Technologies to vote Conservative “if you value your job.”

Social media users labelled betting firm Jenningsbet disgusting after staff were told the company could go bust, costing them their jobs, unless the Tories won.

Read the full story in The Guardian.

False smears by the bookmakers show how desperate they’ve become

Posted on June 1, 2017 by admin

Campaign for Fairer Gambling founder, Derek Webb, shares his thoughts on recent bookmaker tactics. (more…)

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

Press Freedom, Whistle-blowers, Judicial Reviews and the Horseracing Levy

Posted on May 4, 2017 by admin

The Campaign for Fairer Gambling writes about the bookmaking sector and concerns over whistle-blowers and the new horseracing levy. (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