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New restrictions on Fixed Odds Betting Terminal wagering
Monday November 03,2014 : F.O.B.T. RESTRICTIONS TO BE ANNOUNCED TODAY
Punters will be required to select time or monetary limits.
British retail betting shop operators are expected to announce today (Monday) new restrictions on Fixed Odds Betting Terminal wagering which will require punters to impose time or bet limits on themselves.
Those who fail to do so will be forced by shop staff to take a break when they have been playing for 30 minutes or if their losses reach GBP 250, the Telegraph newspaper reports.
The restrictions are part of voluntary moves by operators to pre-empt government action on the controversial machines, which have become the focus of political, activist and media attention and campaigns in recent months .
It is understood that operators have set a date of January 30 next year for the full implementation of the operator-induced restrictions, which are accompanied by betting shop window notices on responsible gambling. A new national Responsible Gambling Week in the final week of January 2015 will promote the changes.
High rollers who try to spend more than GBP 50 a session playing on FOBTs must be monitored and perhaps registered, the UK government has further recommended.
The initiatives are likely to have a calming effect on FOBT action, with operators reporting that 75 percent of punters who set their own money limits stop depositing when their limit has been reached.
Spokesmen for leading operators claim that only a small percentage of FOBT punters reach limits as high as the mandatory 30 minutes of play or GBP 250 in deposits; they say that the bulk of players use the FOBTs for between 5 and 8 minutes, and rarely lose more than GBP 7.
Despite the continuing public furore over FOBTs, operators hope the government will now allow the industry and its voluntary restrictions to settle down, appealing for a period of stability to accurately assess how helpful the voluntary moves have been.
The industry also awaits the report on FOBTs by the Responsible Gambling Trust, which is due to be published this month.
Major gambling companies have recently placed a fresh emphasis on responsible gambling; in September, Gala Coral, Ladbrokes, Paddy Power and William Hill announced the creation of an independent watchdog to name and shame companies which break pledges on responsible advertising, or persist in aggressive or predatory promotional activity.
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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