FOBT spins to be capped at £2 Spins. Decision is expected today in Commons.
Posted: Wed Dec 04, 2013 3:37 pm
Taken from Coin Op...
BACTA’s Leslie MacLeod Miller was quoted in The Daily Mail today backing a reduction in stakes for FOBTs, as it was revealed that gamblers spent a staggering £46billion on the terminals in the last year– nearly 50 per cent up in four years. He said: ‘The amusement industry supports social responsibility’ – Mr. MacLeod-Miller had last week told delegates to look out for a Daily Mail report in this week’s papers.
The Gambling Commission figures released today show that bookmakers made profits of £1.55billion from the terminals between April 2012 and March 2013. It also found that more than 600,000 children were either stopped in – or trying to enter – betting shops last year, six times as many as in 2009.
The House of Commons will vote today on whether to reduce the stakes and prizes from the fixed-odds machines. ‘They’re a menace to every high street,’ Tom Watson, a leading Labour MP told The Daily Mail.
“The Government has it in their power to act. We hope to persuade them this is now an urgent matter. David Cameron has voiced his concern about the damaging affects of these high stake machines.
‘MPs have the opportunity to send a clear signal that they expect ministers to take a precautionary approach by lowering the stake values from £100 to £2 on this category of machines.’
The Gambling Commission figures show bookmakers typically take a profit of around 3.4 per cent from B2 machines.
The vote puts the Liberal Democrats in an awkward position. The party has repeatedly raised concerns about the spread of fixed-odds terminals but Nick Clegg’s MPs are set to nod through the plans while a review on the potential harm is completed. That is not due to report until next autumn.
Lib Dem culture spokesman John Leech MP said: ‘We will not be lectured on fixed-odds betting machines by Labour. It was Labour who introduced these highly damaging and addictive gaming machines that have wreaked so much damage to people’s lives, in the face of Liberal Democrat warnings.’
The Gambling Commission report reveals chilling evidence about the rise of problem gambling.
The number of people who have ‘self-excluded’ themselves from betting shops because they can’t trust themselves to bet responsibly, has doubled over the past four years from 11,424 to 22,485.
Some 588,000 under-18s were stopped when they tried to enter a betting shop last year and a further 27,000 were challenged once they had placed a bet. In 2009, just 109,000 underage gamblers were accosted.
Ministers have come under pressure from the gambling industry to keep the stakes and prizes the same. Fixed-odds terminals represent 51 per cent of betting shop profits and 67 per cent of the profits from all betting terminals.
There are more than 33,000 of the machines in betting shops, which are limited to four per outlet.
BACTA’s Leslie MacLeod Miller was quoted in The Daily Mail today backing a reduction in stakes for FOBTs, as it was revealed that gamblers spent a staggering £46billion on the terminals in the last year– nearly 50 per cent up in four years. He said: ‘The amusement industry supports social responsibility’ – Mr. MacLeod-Miller had last week told delegates to look out for a Daily Mail report in this week’s papers.
The Gambling Commission figures released today show that bookmakers made profits of £1.55billion from the terminals between April 2012 and March 2013. It also found that more than 600,000 children were either stopped in – or trying to enter – betting shops last year, six times as many as in 2009.
The House of Commons will vote today on whether to reduce the stakes and prizes from the fixed-odds machines. ‘They’re a menace to every high street,’ Tom Watson, a leading Labour MP told The Daily Mail.
“The Government has it in their power to act. We hope to persuade them this is now an urgent matter. David Cameron has voiced his concern about the damaging affects of these high stake machines.
‘MPs have the opportunity to send a clear signal that they expect ministers to take a precautionary approach by lowering the stake values from £100 to £2 on this category of machines.’
The Gambling Commission figures show bookmakers typically take a profit of around 3.4 per cent from B2 machines.
The vote puts the Liberal Democrats in an awkward position. The party has repeatedly raised concerns about the spread of fixed-odds terminals but Nick Clegg’s MPs are set to nod through the plans while a review on the potential harm is completed. That is not due to report until next autumn.
Lib Dem culture spokesman John Leech MP said: ‘We will not be lectured on fixed-odds betting machines by Labour. It was Labour who introduced these highly damaging and addictive gaming machines that have wreaked so much damage to people’s lives, in the face of Liberal Democrat warnings.’
The Gambling Commission report reveals chilling evidence about the rise of problem gambling.
The number of people who have ‘self-excluded’ themselves from betting shops because they can’t trust themselves to bet responsibly, has doubled over the past four years from 11,424 to 22,485.
Some 588,000 under-18s were stopped when they tried to enter a betting shop last year and a further 27,000 were challenged once they had placed a bet. In 2009, just 109,000 underage gamblers were accosted.
Ministers have come under pressure from the gambling industry to keep the stakes and prizes the same. Fixed-odds terminals represent 51 per cent of betting shop profits and 67 per cent of the profits from all betting terminals.
There are more than 33,000 of the machines in betting shops, which are limited to four per outlet.