Gambling Addiction

See how fast ‘crack cocaine’ betting machines swallow a day’s pay

Posted on March 23, 2017 by admin

Betting machines can swallow a whole family’s daily income in less than a quarter of an hour, an ECHO investigation can reveal.

Fixed-odds machines or FOBTs have been dubbed the “crack cocaine” of gambling, with critics alarmed by how swiftly they can hoover up cash and fears they could be addictive.

Gamblers lose £126m MORE on ‘crack cocaine’ betting machines despite Government crackdown on them

Posted on March 23, 2017 by admin

The amount of money gamblers are losing on ‘crack cocaine’ betting machines in bookmakers has soared despite a Government crackdown.

The machines, called fixed-odds betting terminals (FOBTs), allow players to stake up to £100 every 20 seconds on casino games such as roulette.

In an attempt to minimise the harm to gamblers, ministers introduced a rule banning them from staking £50 or more a time unless they approach staff in their bookmakers and get the request signed off. Despite this, the amount lost on FOBTs has shot up by £126million over the past year.

Read the full story in the Daily Mail 

Threat to slash gaming stakes leaves bookies riding for a fall

Posted on March 23, 2017 by admin

On the opening day of the Cheltenham Festival, 25-1 outsider Labaik stormed to victory, kicking off a good week for bookmakers and a wipe-out for punters.

But, while champagne glasses clinked in the sunshine last week, a government inquiry has cast a cloud over the gambling industry. A sweeping review of gambling machine stakes and prizes is set to hit the bookmakers, with high street shops in the line of fire.

Read the full story in The Times

Bookmakers seek help to avoid ‘Armageddon’

Posted on March 23, 2017 by admin

Bookmakers held a crunch meeting with the racing industry at Cheltenham last week in an attempt to defuse the potential fallout over proposed changes to the amount that can be gambled on fixed odds betting terminals (FOBTs) in their shops.

These machines, on which £100 can be wagered per spin, generate more than 50 per cent of the profits of retail bookmakers, who between them have 8,000 high street outlets. This is the equivalent of £1.7 billion per year.

Read the full story in The Times

More questions for Corri Wilson, the SNP MP who lauded William Hill

Posted on March 15, 2017 by admin

The Campaign for Fairer Gambling poses questions which it believes should be asked of high street bookmakers like William Hill. (more…)

Gambling with our own lives

Posted on March 10, 2017 by admin

This time last year Spreadsheet Phil’s predecessor George Osborne, if you can remember him, gave gambling companies a let off. Speculation that duties on controversial touch screen gaming machines in high street betting shops would be raised proved unfounded.

Fixed-odds betting terminals have been called the “crack cocaine” of the betting industry by anti-gambling campaigners and a few taps of a phone screen can also see the habit fed from the comfort of your living room.

Read the full story on The Courier

Shame on parliamentarians supporting bookies’ sham ‘responsibility’ & fake economics

Posted on March 9, 2017 by admin

The Campaign for Fairer Gambling asks questions about MPs & peers raising issues relating to the gambling sector in parliament. (more…)

Synod united in call for action against gambling machines

Posted on March 3, 2017 by admin

The General Synod has unanim­ously called on the Government to take action on Fixed Odd Betting Terminals (FOBTs), sometimes re­­ferred to as “the crack cocaine of gambling” (News, 28 October). They were described by the Bishop of St Albans, Dr Alan Smith, as “an anomaly on the high street”.

The Synod is calling for the max­imum stake on the gaming ma­­chines, which can be found in bet­ting shops around the country, to be reduced from £100 to £2; and for local authorities to be given the power to regulate the number of such machines in their area.

Read the full story in Church Times

All things considered – Gambling

Posted on March 3, 2017 by admin

Roy Jenkins explores the impact of gambling on individuals, families and society, asking what can be done by support groups, churches and government.

Fixed Odds Betting Terminals – known as FOBTs -  can swallow up a hundred pounds every twenty seconds.   Wales alone has 1,500, and each is reckoned to take a million pounds a year in stakes – which is a staggering one-and-half billion pounds.  A speaker at this week’s General Synod of the Church of England spoke of them feeding off poverty and plunging people into unmanageable debt.

Listen to the full feature on the BBC Radio Wales website

Are the bookies (and GambleAware) gambling on fake news, when the odds of success could not be lower?

Posted on March 2, 2017 by admin

The Campaign for Fairer Gambling asks questions about the independent charity GambleAware and what it is doing to reduce the damage caused by fixed odds betting terminals in the UK. (more…)