The UK’s high street betting shops have officially launched GambleAware Week as part of their ongoing commitment to promote responsible gambling. The week is designed to educate customers about the tools available to help them stay in control and includes measures to increase the number of players setting voluntary limits on gaming machines. It coincides with the launch of new …
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Limiting FOBT stakes not the answer to problem gambling
One of the key partners on the recently published research on FOBTs has said that limiting the size of stakes is not the way to deal with problem gambling issues. Featurespace, the Cambridge-based technology firm commissioned by the Responsible Gambling Trust to conduct the most thorough investigation into problem gambling yet undertaken, analysed almost seven billion interactions between gambling customers …
Read More »FOBT research claims it is possible to ‘distinguish between problem and non-problem gambling behaviour’
The Responsible Gambling Trust has published what it describes as ‘world-leading and independently conducted research’ into gaming machines in licensed betting offices that shows it is possible to distinguish between problem and non-problem gambling behaviour. The programme of research was commissioned by the Responsible Gambling Trust to build the knowledge base available to identify harmful machine play and to understand …
Read More »MPs need educating on local FOBT data
Bookmakers have been advised to try and educate MPs on the issue of gaming machines in order to make sure that the industry is not hamstrung by the bad press generated over the past few years. Speaking to Betting Business interactive, Conservative MP for Shipley Philip Davies suggested the industry has been too sluggish in this regard and that his …
Read More »Not a game of passing the buck but definitely more to play for – the Senet Group
Gambling Consultant Steve Donoughue takes a look at the attempt of bookmakers to replicate the alcohol industry’s Portman Group. Yesterday saw the launch of the Senet Group by the big 3 Bookmakers and Irish upstart Paddy Power. For those of you who missed it, which is odd because it got some good news coverage, the Senet Group will be an …
Read More »William Hill closes 70 shops ahead of machine tax increase
William Hill has closed 70 shops since the budget and intends to close another 12 shortly, according to the bookmaker’s interim report. HM Treasury’s announcement of an increase in MGD from 20 per cent to 25 per cent from 1 March 2015 saw the bookmaker pledging to close 109 outlets in order to absorb the higher taxation costs, and the …
Read More »ABB: Gambling law should be ‘based on facts, not scaremongering’
The Association of British Bookmakers (ABB) has warned that any changes to betting shop regulations to tackle problem gambling should be ‘based on facts, not scaremongering’. In response to the government’s new plans to impose greater restrictions on gaming machines, gambling advertising and LBO planning laws, the ABB has accused the government of failing to listen to the one million …
Read More »Government ‘soaking’ of bookmakers will have consequences
The Association of British Bookmakers (ABB) claims that Chancellor George Osborne’s increase in tax on B2 Gaming Machines to 25% could see 30 per cent of the country’s betting shops in jeopardy. The organisation said in a statement: “The impact of the new Machine Games Duty (MGD) which came into effect last year and cost the industry an extra £50 …
Read More »Increase in costs wipes out retail gains
A 6.6 per cent increase in operating costs and a 20 per cent increase in gaming machine taxation saw Ladbrokes’ UK retail division post a 25.9 per cent drop in operating profit for 2013 to £133.9m. While gaming machines saw a net revenue increase of 20.2 per cent to £408.4m (mostly driven by growth in £2 stake B3 content), over …
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