Bookmakers

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

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