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PM To Consider FOBT Review

Cameron under pressure during Prime Minister's Questions
The contentious subject of Fixed Odds Betting Terminals in retail betting shops was raised in Prime Minister's Questions in the UK Commons this week, with Labour MP Tom Watson suggesting that the machines were addictive and should be the subject of a review.
According to BBC reports the PM's response was couched in rather vague political language, but in essence he agreed that a "proper look" was necessary. The Beeb quoted PM David Cameron as responding:
“I do think it is worth having a proper look at this issue, to see what we can do to make sure that, yes, we have bookmakers that are not over-regulated, but on the other hand, a fair approach and a decent approach that prevents problem gambling.”
Claims have proliferated in recent months that FOBTs increase the risk of problem gambling, are overly profitable and are often situated in areas where unemployment and poverty are rampant.
The BBC report estimates that the machines, situated in retail betting shops, account for almost half of major bookmakers’ annual profits despite each shop being limited to four terminals.
Earlier this year the government's Department of Culture Media and Sport studied the FOBT issue and concluded that there was potential for the machines to increase the risk of problem gambling, although there was insufficient data to indicate what impact on compulsive gambling a reduction in FOBT action would make.
The Department recommended that operators provide facilities for players to set minimum wagering  and loss limits at the start of each betting session.

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Gambling News :

WSOPE In Czech Republic - World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

BtoBet Partners with AfroBet - Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.

Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

NYX Gaming Group Expanding in Italy - NYX Gaming Group says its continues to bridge the gap between online and land-based operators as it announced a new licensing deal in the Italian market.

Interwetten Q3 2016 Report - In a brief third quarter 2016 report, Malta-headquartered online gaming company Interwetten reported strong growth across all verticals, with an emphasis on online casino revenues.

Evolution Gaming Q3 2016 Report - Evolution Gaming Group AB delivered in its third quarter 2016 results reporting strong growth in revenue and a significant increase in mobile penetration. The company attributes is success to strong general growth and continued high demand for dedicated environments.

Ladbrokes Donates to Gamcare’s new Youth Program - UK gaming firm Ladbrokes has pledged GBP 180,000 to Gamcare’s new Youth Program over 2016 and 2017, following a visit by chief executive officer, Jim Mullen.

Dragonz Slot Launches - #Dragonz The creatures in this 243 ways to win game engage with play during the free spins round, triggered by three or more scatters on the reels, and each character leads four different free spins rounds.

Mecca Launch Instant Win Games - IWG has provided instant win content to lotteries for the past 15 years, amassing a portfolio of over 250 games. Its deal with Mecca signifies a move into the wider online gaming industry, servicing commercial brands and platforms.

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