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PM To Consider FOBT Review
Friday October 25,2013 : BRITISH P.M. TO CONSIDER F.O.B.T. GAMBLING 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.
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 -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
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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