Bookmakers

Simon Read: Payday lenders are in denial over targeting advertising at children

Posted on November 11, 2013 by admin

You might assume that payday lenders are very thick-skinned, especially given their robust defence of their activities before a committee of MPs this week. But it seems there are some activities with which even they don’t like to be linked. Specifically, they took umbrage after being accused of “grooming” children.

Payday-loan mouthpiece Russell Hamblin-Boone of the Consumer Finance Association, who was one of those dragged in front of the Parliamentary Select Committee on Tuesday, said: “It is irresponsible and wholly inappropriate to suggest that lenders are deliberately targeting children for any purpose.”

Read the full article in The Independent online.

Liverpool first city to ban high-speed betting machines

Posted on November 8, 2013 by admin

High-speed betting machines on which punters can lose thousands of pounds in minutes will be outlawed in Liverpool, making it the first UK city to first their use.

Read the full article in The Independent i.

City wants ban on ‘crack cocaine’ betting machines

Posted on November 8, 2013 by admin

A council has demanded a ban on electronic betting machines – dubbed the crack cocaine of gambling – because of the growing problem of addiction.

Read the full article in The Daily Mail.

 

City wants ban on ‘crack cocaine’ betting machines: Liverpool Council warns people are losing jobs and turning to loan sharks because they are addicted to games

Posted on November 8, 2013 by admin

A council has demanded a ban on electronic betting machines – dubbed the crack cocaine of gambling – because of the growing problem of addiction.

Fixed-odds betting terminals allow punters to use debit cards and gamble up to £300 a minute – more than four times faster than casinos’ rate of play.

According to recent research, bookmakers are becoming increasingly reliant on them for revenue, with 80 per cent of their turnover coming from the machines.

Read the full article in The Daily Mail online.

Liverpool votes to ban gambling machines

Posted on November 7, 2013 by admin

Liverpool city council has voted to ban high-stakes, high-speed gambling machines, with councillors claiming that people are losing money they can ill afford to in betting shops.

Councillor Nick Small, who tabled the motion, said the city would be asking the government to either ban fixed-odds betting terminals (FOBTs) or give councils powers to limit stakes and/or prizes on the machines, and restrict how many betting shops can open in certain areas.

Read the full article in The Guardian online.

Campaign slams government inaction on FOBTs

Posted on October 24, 2013 by admin

In its announcement on the Triennial Review of gaming machine stakes and prizes, the DCMS left the stake and prize levels of FOBTs untouched.

Read the full article in Coinslot magazine here.

Executive Summary: The Campaign’s Triennial Review submission

Posted on October 16, 2013 by admin

Following the announcement of the Triennial Review of Gaming Machine Stakes and Prizes in January 2013, the Campaign set to work gathering as much evidence as possible to aid the DCMS in its review – especially in relation to B2 machines, also known as Fixed Odds Betting Terminals (FOBTs).

The Campaign’s full submission was exceptionally detailed, but for a quick summary of the concerns, statistics, evidence and opinions that were raised, please take a look at our condensed executive summary.

For more on the Campaign’s reaction to the Triennial Review, please click here to view our recent press release.

Bookies saved from fresh drive against ‘crack cocaine’ of gambling machines

Posted on October 11, 2013 by admin

Anti-gambling campaigners have criticised a government decision to take no action against betting shop machines dubbed the “crack cocaine of gambling”.

Bookmakers breathed a sigh of relief yesterday after the Department for Culture, Media and Sport said it had decided not to reduce stakes or prizes on lucrative fixed-odds betting terminals (FOBTs), where punters can stake £100 per play and win a jackpot of £500.

Read the full article in The Times online.

Ministers fail to act on betting shop slot machines: Maximum stakes and top prizes to increase despite fears about problem gambling

Posted on October 11, 2013 by admin

Payouts on slot machines are set to increase despite fears about problem gambling, ministers announced yesterday.

Ministers came under fire yesterday after admitting that they will not act to curb the amount punters can lose on Fixed Odds Betting terminals in high street bookmakers – dubbed the crack cocaine of gambling – despite admitting the ‘potential for harm’ among players is ‘high’.

The government’s review of stakes and prizes on gambling machines yesterday decided not to reduce the maximum stake on the electronic roulette machines, which means players can continue to lose up to £100 every 20 seconds.

Read the full article in The Daily Mail online.

Gambling: No change in roulette machine stakes

Posted on October 10, 2013 by admin

Gamblers will continue to be able to bet up to £100 a spin on electronic roulette machines in bookmakers’ shops, the government has confirmed.

Ministers acknowledged concerns that fixed-odds betting terminals (FOBT) can cause addiction and even violence.

But the Department for Culture, Media and Sport said it wanted to protect gambling industry jobs and profits

Read the full article on The BBC online.