Tag: FOBTs
Scottish National Party joins call for ‘sensible regulation’ of FOBTs
iGaming Business – The Scottish National Party (SNP) has become the latest political party to speak out against fixed odds betting terminals (FOBTs) and has called for “sensible regulation” of such machines in the UK. Gamblers in Scotland staked a reported £4.4 billion (€5.3 billion/$7.4 billion) on the machines last year, an increase of more than £100 million on the amount spent in the previous year. SNP politician Stuart McMillan has joined a number of political figures in backing the Fairer Gambling Campaign’s call to reduce the current maximum stake on FOBTs from £100 to £2. UK chancellor George Osborne…
Nearly £1billion gambled on FOBTs in Sussex
The Argus – Sussex gamblers are estimated to have wagered nearly £1 billion on virtual gaming machines dubbed the ‘crack cocaine of gambling’ last year. The controversial high-stake betting shop machines, on which punters can spend £100 every 20 seconds on games like virtual roulette, have been described as dangerously addictive and accounted for around half of all highstreet bookmakers’ profits last year. Nearly £280 million was gambled on the machines in Brighton and Hove alone in 2013, according to figures from the Campaign for Fairer Gambling. Of that, nearly £10 million was lost by punters and across the county…