England’s poorest spend £13bn on gambling machines

Posted on March 3, 2014 by admin
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More than £13bn was gambled on high-speed, high-stakes gambling machines by the poorest quarter of England’s population – double the amount staked in the richest areas, according to a study obtained by the Guardian.

The report, to be released next week in parliament, reveals that in the 55 most deprived boroughs of the country – overwhelmingly concentrated in northern cities and urban London – high streets were lined with 2,691 betting shops in which £13bn was gambled or staked on fixed-odds betting terminals (FOBTs) by punters, and £470m of that lost, last year.

Read the full article in The Guardian online.