Gambling Enquiry

Maximum stake on UK fixed odds betting terminals to be cut to £2

Posted on January 22, 2018 by admin

The UK is set to announce a £2 maximum stake on lucrative gaming machines under a crackdown spearheaded by Matthew Hancock, the culture secretary.

The government has been consulting on proposals to reduce the maximum stake on fixed odds betting terminals, which allow gamblers to place bets of up to £100 every 20 seconds, to between £50 and £2.

Read the full story in The Financial Times.

Ministers urged to be bold with curbs on FOBTs

Posted on January 21, 2018 by admin

Campaigners have urged the government to be bold in its response to the problem of fixed-odds betting terminals (FOBTs) amid reports that a consultation on the issue closing this week will recommend slashing the maximum single bet from £100 to £2.

The consultation, ordered by the Department for Digital, Culture, Media and Sport (DCMS) in October, is due to close on Tuesday. It will examine what reduced maximum stake should be imposed, with a stated range of between £50 and £2.

Read the full story in The Guardian.

Bookies bracing for profit shock as fixed-odds betting stake looks set for cut to £2

Posted on January 21, 2018 by admin

Bookies are bracing themselves for their profits to be slashed – after it emerged that the Government is set to cut the maximum stake on fixed odds betting terminals to just £2.

Following a 12-week consultation which closes on Tuesday, Matt Hancock, the new Culture Secretary, is expected to impose the lowest maximum bet suggested by the review into the “crack cocaine” of the gambling sector.

Read the full story in The Telegraph.

£2 limit to curb ‘crack cocaine’ of gambling

Posted on January 21, 2018 by admin

The maximum stake on fixed odds betting terminals – dubbed the crack cocaine of high street gambling – is set to be slashed to £2 after the new culture secretary, Matt Hancock, decided the machines were a ‘social blight’.

Ministers have announced plans to cut the £100 maximum bet to between £2 and £50. A public consultation ends on Tuesday.

Read the full story in The Times.

Money laundering, loan sharking, underage gambling, a betting shop murder and the pending review

Posted on January 10, 2018 by admin

The Campaign for Fairer Gambling writes about a Gambling Commission list of betting operators whose licences are at risk and argues that betting shops are no longer the safest place to gamble. (more…)

FOBT supplier behind gambling apps on Facebook accessible to children

Posted on January 4, 2018 by admin

The Campaign for Fairer Gambling comments on a news story about gambling type apps appearing on social media, which raised concerns that children are being exposed to ‘a risk of addiction’. (more…)

The offshore money says the government is bluffing!

Posted on December 14, 2017 by admin

The Campaign for Fairer Gambling looks at the most recent developments in the debate around problem gambling including a new group Labour for Gambling Reform which has recently had its first meeting. (more…)

Bookies are still in denial mode and resorting to desperate messages

Posted on December 7, 2017 by admin

The Campaign for Fairer Gambling writes about the ongoing consultation into the gambling sector.  (more…)

The Gambling Commission holds a ‘Raising Standards’ Conference

Posted on November 30, 2017 by admin

The Campaign for Fairer Gambling asks questions about the Gambling Commission and the ongoing consultation into the gambling sector. (more…)

Weak proposals in the government’s gambling review strengthen case for £2 stake on FOBTs

Posted on November 14, 2017 by admin

The Campaign for Fairer Gambling comments on the DCMS review into fixed odds betting terminals (FOBTs) stake levels and gambling advertising.

(more…)