Fixed Odds Betting Terminals

Fixed-odds bets: ‘crack cocaine of gambling’ under scrutiny

Posted on November 2, 2017 by admin

Is this the end of the glory days of the fixed-odds betting terminals?

Following a year-long government inquiry, the machines – which currently allow players to bet up to £300 per minute on casino-style games – may see their maximum stake slashed from £100 per play to as little as £2.

Read the full story in The Week.

Maximum stake on fixed-odds betting terminals ‘could be slashed to £2’

Posted on October 31, 2017 by admin

The government has outlined plans on drastically slashing the maximum stake on fixed-odds betting terminals (FOBTs) – dubbed the “crack cocaine of gambling”.

Read the full piece in the International Business Times.

Fixed odds maximum bet could be slashed from £100 to £2

Posted on October 31, 2017 by admin

The maximum stake on fixed-odds betting terminals is to be cut from £100 to as little as £2 in an attempt to cut levels of gambling addiction.

Read the full story on iNews.

Crackdown on fixed-odds betting terminals unveiled

Posted on October 31, 2017 by admin

The maximum stake on fixed-odds betting terminals will be cut after the government admitted that existing limits on the machines, which allow gamblers to bet up to £300 a minute, are inappropriate.

Read the full story in The Guardian.

Maximum stake on fixed-odds betting terminals to be cut from £100

Posted on October 31, 2017 by admin

The maximum stake on fixed-odds betting terminals will be reduced from £100 to between £50 and £2, the Government announced on Tuesday – a move designed to protect vulnerable gamblers, but also one that was slammed by critics as not drastic enough.

Read the full story in the Independent.

Stakes on fixed-odds betting terminals could be capped at £2 as Government launches review

Posted on October 31, 2017 by admin

The Government has confirmed it will cap the size of stakes gamblers can make on so-called fixed odds betting terminals (FOBTs), reducing them from £100 now to between £50 and £2.

A 12-week consultation has been launched today to “ensure stronger protections around online gambling”, alongside a package of measure intended to promote responsible gambling.

Read the full story in The Telegraph.

Fixed-odds betting addict in his own words: ‘I just self-destruct’

Posted on October 31, 2017 by admin

As the Government says the maximum stake is to be reduced from £100 to between £2 and £50, a man struggling with his addiction to the machines tells his story to Sky News.

Watch and read the piece back on Sky News.

‘I lost £5,000 in 48 hours on fixed-odds betting machines’

Posted on October 31, 2017 by admin

The government says it is looking at putting a £2 cap on fixed-odds betting machines.

They replicate casino games such as roulette and blackjack, where you can gamble up to £100 every time you place a bet.

Read the full story on BBC Newsbeat.

Fixed-odds maximum bet ‘could drop to £2’

Posted on October 31, 2017 by admin

The maximum stake for fixed-odds betting terminals could drop to as little as £2 under a government review.

Currently, people can bet up to £100 every 20 seconds on electronic casino games, but ministers are considering a new limit.

Read the full piece on BBC News.

The DCMS review is out, the days of FOBTs are surely numbered

Posted on October 31, 2017 by admin

The Campaign for Fairer Gambling comments on the Government’s long awaited consultation on fixed odds betting terminals which begins today and runs until 23rd January 2018. (more…)