Displaying items by tag: FOBTs

Fixed Odds Betting Terminals (FOBTs) are called the crack cocaine of gambling. In April the government reduced the maximum stake on FOBTs to £2. Before then William Hill Bookmakers, with 2,300 shops and 12,500 employees, relied on FOBT machines for over 50% of their turnover, particularly in inner-city and urban areas where they attracted younger customers. Now William Hill are to close 700 venues, and will apply voluntary redundancy and redeployment measures. The Safer Online Gambling Group said, ‘Perhaps William Hill can deploy its staff into treating addicts and supporting those who are vulnerable across their other betting outlets’. The NHS treats gambling addicts as young as 13 at their national Problem Gambling Clinic 

The Government has been forced to bring forward its proposed changes to gambling machine betting limits. Philip Hammond had announced in his Budget speech that the maximum stake on fixed-odds betting terminals (FOBTs) would be cut from £100 to just £2 by October 2019, five months later than had been expected. After considerable protest, including the resignation of sports minister Tracey Crouch (see https://www.prayer-alert.net/british-isles-ireland-pa-site/item/11140-minister-resigns-over-delayed-crackdown-on-betting-machines), this change will now be put into effect by April 2019. James Mildred, for Christian charity CARE, said it was a 'stunning victory' against FOBTs, which are seen as highly addictive and damaging to families and mental health. However, he added: ‘This is only the first step. The damaging effects of gambling are becoming more visible across society, and the Government must introduce legislation to tackle this. Unless change is forthcoming, it is going to be children who are losing out.'

Tracey Crouch, the sports minister, resigned on 1 November as a protest over the delay in cutting the maximum stakes from £100 in fixed-odds betting terminals (FOBTs). The Government had announced this plan in May 2018 (see ), and Philip Hammond announced in his Budget Day speech it would come into force in October 2019. Ms Crouch said pushing back the date was ‘unjustifiable’, and could cost the lives of problem gamblers. She tweeted: ’Politicians come and go, but principles stay with us forever.’ Culture secretary Jeremy Wright denied Labour claims that MPs had been led to believe the cut would come into force in April 2019. But in her resignation letter, Ms Crouch said: ‘Unfortunately, implementation of these changes are now being delayed until October 2019 due to commitments made by others to those with registered interests.’

The maximum stake on fixed-odds betting terminals (FOBTs) will be reduced to £2 under new rules unveiled by the government. Currently, people can bet up to £100 every 20 seconds on electronic casino games such as roulette. Culture secretary Matt Hancock called the machines ‘a very serious social blight’. FOBTs generate £1.8bn in revenue a year for the betting industry, according to the Gambling Commission, and taxes of £400m for the Government. A high proportion of those seeking treatment for gambling addiction identify FOBTs as their main form of gambling. Matt Zarb-Cousin, who was previously addicted to them, commented. ‘It's no exaggeration to call FOBTs the crack cocaine of gambling. If we had a gambling product classification like that of drugs, FOBTs would be Class A.’ See also: