UK Prime Minister considers ban on fixed odds betting terminals

iGaming Business – UK Prime Minister David Cameron has vowed to take a “proper look” at whether high stakes, fixed odds betting terminals (FOBTs) should be banned from betting shops in the country. The BBC reports Cameron’s vow came in response to Labour MP Tom Watson, who voiced his concerns about the machines during Prime Minister’s Questions. Watson described the machines as “addictive” and had transformed betting shops into “high street digital casinos”. FOBTs allow punters to gamble up to £100 ($160/€117) every 20 seconds, with the machines accounting for almost half of major bookmakers’ annual profits despite each shop…