The ‘crack cocaine’ of gambling – fixed-odds betting terminals in Swansea that allow people to bet up to £300 a minute

Posted on August 8, 2014 by admin
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GAMBLING addiction workers in Swansea say fixed-odds betting terminals (FoBTs) are leaving more and more people in serious debt.

They look like fruit machines and are present in betting shops and casinos, generating a growing chunk of income for betting companies, according to the Welsh Centre for Action and Dependency.

Staff at the Uplands centre said people could bet up to £300 per minute on FoBTs — labelled in some quarters the “crack cocaine” of gambling.

Read the full article in The South Wales Evening Post online.