Bookies’ shares dive as curb on machines looms – Evening Standard


Evening Standard

Bookies’ shares dive as curb on machines looms
Evening Standard
The so-called “crack cocaine” machines under the spotlight have a maximum £100 stake, which has triggered a major campaign to get stakes cut to just £2 in the Government’s latest three-yearly review of the betting industry. Documents published by the
Ladbrokes chief warns of £2 FOBT ramificationsSBC News

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UK set to cut maximum stake on lucrative gaming machines to £2 – Financial Times


Financial Times

UK set to cut maximum stake on lucrative gaming machines to £2
Financial Times
They claim FOBTs disproportionately target gambling addicts — an accusation vehemently denied by the betting industry. Officials at the Department for Culture, Media and Sport have been seeking views on what the maximum stake on FOBTs should be over a
£2 limit to curb ‘crack cocaine’ of gambling | News | The Times & The …The Times

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Fixed-odds bets: ‘crack cocaine of gambling’ under scrutiny – The Week UK


The Week UK

Fixed-odds bets: ‘crack cocaine of gambling’ under scrutiny
The Week UK
Bookmakers claim crackdown will devastate the gambling industry. Is this the end of the glory days of the fixed-odds betting terminals? Following a year-long government inquiry, the machines – which currently allow players to bet up to £300 per minute
Fixed odds betting terminals: Could crackdown spell the end for bookies?expressandstar.com
Key takeaways after government review commits to reduction of stake sizes on fixed odds betting terminalsCasinopedia

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Bookies face £600m bill if ‘crack cocaine’ stakes slashed to £2 – Evening Standard


Evening Standard

Bookies face £600m bill if ‘crack cocaine’ stakes slashed to £2
Evening Standard
The potential hit was revealed in the Department for Culture, Media & Sport’s (DCMS) long-awaited review into the betting industry. It comes after a growing campaign against the machines, which have maximum stakes of £100 and account for almost half of …

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