Bookmakers’ revenues face £150m hit from betting machine curbs – Financial Times


Financial Times

Bookmakers’ revenues face £150m hit from betting machine curbs
Financial Times
The UK’s largest bookmakers are set to lose at least £150m in annual revenues under planned curbs on betting machines denounced by campaigners as the “crack cocaine” of gambling. The government is expected to recommend new limits on fixed-odds …

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Blitz on ‘crack cocaine’ betting machines set to be launched after Philip Hammond backs down over fears of lost tax … – Daily Mail


Daily Mail

Blitz on ‘crack cocaine’ betting machines set to be launched after Philip Hammond backs down over fears of lost tax …
Daily Mail
Ministers are planning a clampdown on ‘crack cocaine’ gambling machines after Chancellor Philip Hammond backed down over the issue. Fixed-odds betting terminals (FOBTs) have long caused concerns among campaigners including the Church of …

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Holders of Paddy Power Betfair shares bracing for a hit as CEO to step down – Independent.ie


Independent.ie

Holders of Paddy Power Betfair shares bracing for a hit as CEO to step down
Independent.ie
In the UK, the betting industry has been facing pressure over the use of controversial fixed odds betting terminals (FOBTs) which have been called the “crack cocaine of gambling”. But that pressure may recede after a ‘Daily Mail’ report over the

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Punters lose £1.8 billion on gaming machines in 12 months – Racing Post


Racing Post

Punters lose £1.8 billion on gaming machines in 12 months
Racing Post
A spokesman said: “The increase in revenue from gaming machines in betting shops of three per cent is in line with the average growth in revenue across the whole of the gambling industry [three per cent] and growth in the economy as a whole. “To put
Gamblers lose £5m a DAY on ‘crack cocaine’ bet machinesDaily Mail

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Gambling’s ‘crack cocaine’ is devastating lives and not doing much for the economy either – Yahoo News UK


Yahoo News UK

Gambling’s ‘crack cocaine’ is devastating lives and not doing much for the economy either
Yahoo News UK
As a project led by Goldsmiths University found, the UK funding programme for gambling research prioritises “banal” research questions that will not offend the gambling industry, with funded research often conducted by private companies or academics

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Gambling’s ‘crack cocaine’ is devastating lives and not doing much for the economy either – The Conversation UK


The Conversation UK

Gambling’s ‘crack cocaine’ is devastating lives and not doing much for the economy either
The Conversation UK
To develop an effective measure of the real costs of gambling, independent research will be needed. In the UK, the gambling industry funds research, education and treatment of problem gambling under the principle of the “polluter pays”, and most of the

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