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Taxpayer Helps Fund Casino Profits?


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http://www.guardian.co.uk/uk/2013/jan/04/fixed-odds-betting-terminals-poorest-communities

More than £5bn was gambled on high-speed, high-stakes gambling machines in northern England cities and London boroughs with high levels of unemployment last year – four times the amount bet in richer rural areas in southern England where jobless numbers are low, according to an analysis for the Guardian.

The report reveals that in the 50 parliamentary constituencies with the highest numbers of unemployed people, punters visited 1,251 betting shops and put £5.6bn into 4,454 so-called fixed odds betting terminals (FOBTs). By comparison, the 50 constituencies with the lowest levels of unemployment had only 287 betting shops and 1,045 terminals, and saw £1.4bn gambled last year.

The figures, produced for Fairer Gambling – a non-profit organisation which campaigns against problem betting, run by a gambling expert who helped bring the casino-style fixed odds machines to the UK high street – appear to show that bookmakers have deliberately targeted the poorest areas with the highest unemployment and poverty. It is a charge the industry vigorously rejects.

It's easy to assume that it's the unemployed and therefore the taxpayer funding these machines but that could be a mistake as it could just be people who are employed in these areas gambling heavily. However I'll bet that some of this is taxpayer money paid out in benefits helping to fuel profits made by these companies.

Still at least this is productive for the national economy....

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Seems to me the bookmakers are taking advantage of the poorly educated who get sucked in by these machines.

I know of at least one family who have been destroyed by a gambling addiction on one of these.

Those gobsh!tes in Westminster should get their thumbs out of their arses and amend the gambling act to provide more protection for the disadvantaged rather than the stuff (like gay rights) they do concentrate on.

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Seems to me the bookmakers are taking advantage of the poorly educated who get sucked in by these machines.

I know of at least one family who have been destroyed by a gambling addiction on one of these.

Those gobsh!tes in Westminster should get their thumbs out of their arses and amend the gambling act to provide more protection for the disadvantaged rather than the stuff (like gay rights) they do concentrate on.

Many many years ago when I was a live-in-the-now happy-go-lucky teen I almost got sucked into the fruit machine addiction hellhole. This is a vile vile industry that targets the young and most vulnerable, and attracts them like moths to a flame. May the pushers of this addiction rot in hell.......

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They should bring the fun back into gambling by capping all slot machine stakes to 20p per play with a maximum of £10 Jackpot. That way the machines are better fun to play since you can actually win the Jackpot, you also have less chance of blowing £1k every day.

Isn't that what we had regulation for in the first place?

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Seems to me the bookmakers are taking advantage of the poorly educated who get sucked in by these machines.

I know of at least one family who have been destroyed by a gambling addiction on one of these.

Those gobsh!tes in Westminster should get their thumbs out of their arses and amend the gambling act to provide more protection for the disadvantaged rather than the stuff (like gay rights) they do concentrate on.

Don't forget that Labour massively expanded the gambling industry when they were in power. They seemed to deliberately want to ****** the poor up the **** by encouraging much more gambling and liberalising it - also, remember their push for super-casinos? I could never get my head round why they wanted to increase gambling, it was purely damaging to the very people they claim to want to help. I can only put it down to the Labour party leadership being so distant from the working/poor that they had/have no idea how they really live and how damaging easily available gambling can be. I guess it did mean more destitution and therefore dependency on the state, and therefore more votes for Labour. Utter, utter *****.

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Don't forget that Labour massively expanded the gambling industry when they were in power. They seemed to deliberately want to ****** the poor up the **** by encouraging much more gambling and liberalising it - also, remember their push for super-casinos? I could never get my head round why they wanted to increase gambling, it was purely damaging to the very people they claim to want to help. I can only put it down to the Labour party leadership being so distant from the working/poor that they had/have no idea how they really live and how damaging easily available gambling can be. I guess it did mean more destitution and therefore dependency on the state, and therefore more votes for Labour. Utter, utter *****.

We have a government for hire. If a firm or industry lobbies the right people in the right way, then they get what they want.

If things were done for the benefit of voters, it would be a very different country.

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Anyone able to find out whether John Redwood has any VI in the Gambling 'industry'?

Quote

"I put it down to the fact that poor people believe there's one shot to get rich. They put getting rich down to luck and think they can take a gamble," he said.

"They also have time on their hands. My voters are too busy working hard to make a reasonable income."

Johns contribution there to the ongoing philosophical argument on Free Will Vs Determinism.

I for one thank all the poor for spending their dosh on the lottery, without which our wonderful rowers and dressage team would not have won all those shiny medals.

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Anyone able to find out whether John Redwood has any VI in the Gambling 'industry'?

Quote

"I put it down to the fact that poor people believe there's one shot to get rich. They put getting rich down to luck and think they can take a gamble," he said.

"They also have time on their hands. My voters are too busy working hard to make a reasonable income."

Johns contribution there to the ongoing philosophical argument on Free Will Vs Determinism.

I for one thank all the poor for spending their dosh on the lottery, without which our wonderful rowers and dressage team would not have won all those shiny medals.

I did a £1 on the lottery back in 1994 when it first started. Didn't win a thing. Feel a bit of a fool now :unsure:

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Don't forget that Labour massively expanded the gambling industry when they were in power. They seemed to deliberately want to ****** the poor up the **** by encouraging much more gambling and liberalising it - also, remember their push for super-casinos? I could never get my head round why they wanted to increase gambling, it was purely damaging to the very people they claim to want to help. I can only put it down to the Labour party leadership being so distant from the working/poor that they had/have no idea how they really live and how damaging easily available gambling can be. I guess it did mean more destitution and therefore dependency on the state, and therefore more votes for Labour. Utter, utter *****.

Freedom means freedom to be stupid as well as to prosper.

There should be no restrictions on casino's or gambling. It's a racket. The "Gambling Commission" is another well financed quango leeching off the taxpayer.

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Casinos, Bingo-Halls, Scratch-Cards, Lotteries, Fruit Machines and Bookmakers are generally bad for society and should be outlawed.

They do nothing good and a lot of bad.

Likewise national lottery and other scratch cards should be outlawed... they simply encourage the people who can least afford to gamble to do so. They are almost solely bought by people in receipt of benefits.

In fact, independent analysis showed that the national Lottery are already in breach of the law, but oflot does nothing. There are rules on "heart stoppers" - cards which "nearly" win... need 4 of the same, and get 3 of the same. Rules say they shouldn't be more than about 1 in 10. Independent test showed it was 8 or 9 out of 10. Heart-Stoppers create an adrenalin rush and encourages gambling addiction.

Also have you noticed that the once a week draw has now spread to other days, and there are multiple simultaneous draws. What they found was that over time, after the launch, smarter people (who are more likely to be employed) stopped playing as they accepted the chance of winning was so low as to be negligible. This meant income started to drop. Luckily, stupid poor people kept playing, and what Camelot worked out was if you double the number of draws, people bought tickets in both, because they worry they would feel stupid if their numbers came up on the other draw and they hadn't bought tickets. Same rule applies to multiple draws. They are playing on one of the basic rules of gambling addiction... what if you stop just before you would have won?

Ultimately the gambling industry uses the broken window fallacy - the gambling industry generate billions for the economy. In reality, the money spent on gambling would have been spent elsewhere on something more productive.

Edited by RufflesTheGuineaPig
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  • 433 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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