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UK : Toning down fixed odds betting terminals
Monday September 3, 2012 : HASSLES FOR F.O.B.T.s AHEAD?
Brit politicians want to tone down fixed odds betting terminals in retail betting shops
The furore over allegedly excessive gambling taking place on fixed odds betting terminal machines (FOBTs) in UK land betting shops continues to rumble on, with some politicians now proposing changes to the amount that can be staked by punters.
Earlier this year the business success for operators of FOBTs triggered political views from the likes of Labour Party politician Harriet Harman that the party had been wrong to liberalise gambling laws.
The Daily Mail reported over the weekend that unnamed government ministers are now planning a crackdown on the high-stakes capability of the gambling machines, which it claims allow punters to bet more than GBP 15,000 an hour.
Liberal Democrat members of the coalition government are said to want restrictions on how much a person can bet, imposing a maximum of GBP 2 a bet.
If supporters of the plan are successful, it will fly in the face of the recommendations of a recent House of Commons select committee for culture report, which suggested only weeks ago that UK gambling laws be further relaxed, with FOBT numbers possibly increased .
The Mail points to the high popularity of the machines, on which gamblers can currently stake up to GBP 100 a time on roulette, poker or blackjack with an opportunity to win up to GBP 500.
A government source informed the Daily Mail that "ministers are hoping to make an announcement soon" on the new measures.
However, the newspaper reports that some politicians have expressed concerns that cracking down too hard on land betting shops and FOBTs could push British punters towards online gambling.
The Daily Mail report claims that Lib Dem Energy and Climate Change Secretary Ed Davey and culture spokesman Don Foster have both written to John Penrose, the Tory culture minister in charge of gambling policy. Danny Alexander, the Chief Secretary to the Treasury, has also expressed concerns.
Foster told the newspaper last night that ministers were looking at restricting the size of the stake, increasing the time between each ‘spin’, restricting the number of FOTBs a betting shop can install and restricting the number of terminals on each high street.
He added that any changes would be subject to a consultation process.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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