Tag Archives: fobts

APBGG: There is no ‘one size fits all’ solution to tackling problem gambling

Industry figureheads and wider health and education stakeholders addressed the issue of whether ‘the gambling  industry is giving players enough control?’ – at the latest meeting of the Parliamentary All Party Betting and Gaming Group  –APBGG – (7 May 2019). The subject matter was discussed by Sarah Hanratty, Chief Executive Officer at the Senet Group; Damon De Ionno, Managing Director …

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£1bn cost of FOBT stake slash to bookmakers and horseracing

Warwick Bartlett and Lorien Pilling from the Global Betting & Gaming Consultancy (GBGC) have been looking at the implications of the reduction in Cat B2 gaming machine maximum stake from £100 to £2.  It doesn’t make pretty reading for retail bookmakers or the sector’s associated stakeholders. From 1 April 2019 the maximum stakes on FOBTs will be drastically reduced to …

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UK Policy Committee – DCMS’ FOBTs policy fits purpose but assumptions cannot be tested

The UK government’s independent Regulatory Policy Committee (RPC) has published its assessment of the Department for Digital, Culture, Media & Sport (DCMS) policy enforcement on ‘FOBTs wagering and social responsibility standards’. The RPC has reviewed whether DCMS inbound UK gambling FOBTs regulatory policy (to be enforced 1 April 2019), has effectively assessed social costs/benefits, industry impacts and further macro dynamics. …

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The attack of the killer B’s and the threat of player tracking!

SBC America’s Chris Murphy wonders whether the gaming industry will get on track with the latest proposals around machine play and social responsibility. We can only hope that anyone from the Category B gaming machine sector was seated when they read through the Gambling Commission’s latest missive this week, calling for evidence on said machines. The implied message is that …

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David Clifton – Licensing Expert – Remember this November as the month that changed gambling

November 2018 what a month! So let’s start with some good news – This year’s Responsible Gambling Week represented the biggest ever industry-wide campaign to promote responsible gambling. Involving every major operator in the UK and Ireland and supported by the two biggest gambling charities, it was rounded off with the encouraging news that, even before its official launch, 38,000 …

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UK Government confirms FOBTs April 2019 cut

The UK government has confirmed this afternoon that it will bring forward its planned FOBTs £2 machine wagering reduction from October to April 2019. UK Culture Secretary Jeremy Wright has announced the government’s policy U-turn on the contentious issue of FOBTs wagering which has divided government departments. The 2018 Budget announcement on 29 October, saw the UK treasury criticised for failing to …

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Winning Post: Crouch bows out with “alternative facts”

Crouch

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. UK: Politics – Crouch bows out with “alternative facts” Last week’s resignation of Tracey Crouch as UK minister for sport (and gambling) marked a new low in the recent history of Britain’s …

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UK Treasury mulls delaying FOBTs cut to October 2019

The Guardian newspaper has this morning reported that the UK government is set to delay implementing its mandatory £2 cut on FOBTs stakes until October 2019. Since the Department for Digital, Media, Culture & Sport (DCMS) confirmation that FOBTs machine wagering would be drastically reduced from £100 to £2, the UK government has faced mounting criticism for delaying its directive. Cross-party consensus …

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“Everybody suffers” – BOS panel delivers FOBT fallout update

FOBT

David Webb, UK Product and Compliance Manager for BetConstruct, said that removing the need to prove there was a demand for a betting shop when applying for a local authority premises licence has contributed to today’s perception that there is a “proliferation of betting shops” – something the government wants to stamp out. Webb was moderating a Betting on Sports …

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Paul Fox – LeTou: Changing Times require Changing Perceptions…

In order to continue its UK growth, the betting sector must adjust to growing regulatory demands and social pressures. Looking forward, Paul Fox Chief Executive of LeTou details why stakeholders have to broaden their values and agendas for 2019 and beyond. .. _____________________ The gambling industry consistently generates headlines in this country. Whether it is television advertisements, sports sponsorships, fixed-odds …

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