Punters have lost over £11billion on fixed-odds gambling machines since 2008 – costing the economy 200,000 jobs

Posted on May 11, 2017 by admin
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Gamblers have lost more than £11billion on in-store gaming machines in less than ten years, shocking new figures reveal.

Since 2008, fixed-odds betting terminals (FOBTs) are responsible for the loss of around 200,000 jobs in the UK, the report by Landman Economics shows, heaping the pressure on politicians to act quickly.

A proposed review of FOBTs was scrapped when the General Election was called, but Labour has pledged to cap the maximum stake at £2, with senior Tories believing Theresa May needs to follow suit.

Read the full story in the Daily Mail.