Tag Archives: dcms

DCMS confirms FOBT stake cut and demands enhanced player protection

SBC News DCMS confirms FOBT stake cut and demands enhanced player protection

Updating the market this morning, the UK Department for Digital, Culture, Media and Sport (DCMS) has opened a ’12-week consultation period for proposals on ‘changes to gaming machines and social responsibility requirements across the UK gambling sector’. The three Parliamentary Secretaries leading the government’s triennial industry review; Karen Bradley (Head of DCMS), Tracey Crouch (UK Sports Minister) and Lord Ashton …

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October pains… UK DCMS expected to delay final judgement on FOBTs wagering

SBC News October pains… UK DCMS expected to delay final judgement on FOBTs wagering

UK newspapers The Times and The Guardian have reported that the Department for Digital, Culture, Media and Sport (DCMS) will seek to open a further ‘12-week consultation period’ for its ongoing review of FOBTs wagering levels. At present, it appears that DCMS will delay its judgement on whether to reduce FOBTs wagering from £100 max-bet to the reported options of £50, …

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What the numbers say on problem gambling

SBC News What the numbers say on problem gambling

The UK gambling industry has faced some heavy criticism in the media in the past few months. Most of it began when 888 was rightly castigated for its failure in its social responsibility with no-one in the industry, or at 888, dissenting at the Gambling Commission’s judgment. But a good deal of criticism has been sown longer-term by anti-FOBTs campaigners …

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Breon Corcoran comes out in support of slashing FOBT stakes

SBC News Breon Corcoran comes out in support of slashing FOBT stakes

The Financial Times has revealed that Paddy Power Betfair chief executive Breon Corcoran has issued his support for significantly cutting the stakes of  fixed-odds betting terminals (FOBTs). In a letter to the minister at the Department for Culture, Media and Sport (DCMS), Tracey Crouch, Corcoran stated that due to the ‘toxic’ nature of the debate that now surrounds the terminals only significant action would …

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‘Treat Betting like Tobacco’…Labour pledges to end betting firms sponsoring football clubs

SBC News 'Treat Betting like Tobacco'...Labour pledges to end betting firms sponsoring football clubs

Labour Deputy Leader Tom Watson, wants UK football to ‘play its part in tackling the country’s hidden epidemic of gambling addiction’. A new Labour policy proposal, will seek to end football club shirt sponsorships by bookmakers and gambling related firms. Watson has stated to The Guardian newspaper, that the Labour Party will pledge to curb ‘the power of gambling firms’, …

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Jim Mullen – Proven Theory! Ladbrokes Coral is now delivering for investors

SBC News Jim Mullen – Proven Theory! Ladbrokes Coral is now delivering for investors

Speaking to Ladbrokes Coral Plc investors on H1 2017 performance, group CEO Jim Mullen has detailed that the FTSE gambling firm is ‘now delivering on its pre-merger promises’. Presenting H1 2017 results, which saw Ladbrokes Coral declare group operating profits of £51 million, Mullen stated that the enlarged operator’s ambitions and scalability were ‘no longer theoretical’. Throughout his tenure as …

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Snap General Election sees DCMS delay publication of industry FOBTs & Advertising review

SBC News Snap General Election sees DCMS delay publication of industry FOBTs & Advertising review

The UK Department for Culture Media & Sports (DCMS) has chosen to delay the publication of its industry review of FOBTs practices and advertising standards following this week’s Snap General Election call by PM Theresa May. The report which is eagerly awaited by industry stakeholders was due to be published this April. However, in light of the General Election call …

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Industry awaits ‘game changing’ DCMS industry FOBTs report

SBC News Industry awaits 'game changing' DCMS industry FOBTs report

UK industry stakeholders are bracing themselves for this April’s industry review of fixed-odds-betting-terminals (FOBTs) and advertising standards by the UK Department for Culture, Media and Sport (DCMS). The DCMS industry publication could become an industry ‘game changer’ should the government move to reduce maximum stakes on FOBTs from £100 to a £2 limit, triggering the industry’s worst scenario. Focusing on improving …

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Jim Mullen – Stringent FOBTs limits will wipeout London bookmakers

Speaking to The Evening Standard on the opening day of the 2017 Cheltenham Festival, Ladbrokes Coral CEO Jim Mullen has warned the UK government that stringent limits on fixed-odds-betting-terminals (FOBTs) could force the closure of bookmakers and risk a significant number of job losses. UK bookmakers await the publication of the Department for Culture, Media and Sport (DCMS) official industry …

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David Clifton: Licensing Expert – Not only changed licensing fees but also a new type of licence

SBC News David Clifton: Licensing Expert - Not only changed licensing fees but also a new type of licence

In his January 3rd posting “Gambling Commission justifies remote licence fee increases” Andy McCarron MD of SBC referred to the changes to the Commission’s annual fee structure that will come into effect from April this year. Those changes were announced in the DCMS “Proposals for Gambling Commission fees from April 2017 – consultation response” document that was published just prior …

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