Jump to content
House Price Crash Forum
workhou

Are You Wondering Why Local Economies Are Saturated With Bookies?

Recommended Posts

Also why there a lot of tanning salons with no one in them.

Same as nail bars = women with kids scamming self employed tax credits.

The town I currently live in has always been pretty white - I used to tell my gf if i saw a black person.

Now it has two black hair dressers.

One run by a Nigerian; the other by a Ghanan. I know the Nigerian via my son.

As far as I know they just style each others hair and sit around.

The town still does not have many black people.

Share this post


Link to post
Share on other sites

The Government will be making money laundering easier, too, by stopping councils from restricting the number of bookies on the high street.

http://www.theguardian.com/society/2013/nov/10/planning-law-changes-help-bookmakers-minister

Ministers have privately assured Britain's biggest bookmaker that attempts by councils to block the spread of betting shops would be frustrated by the coalition's controversial planning changes, despite claiming in public that the measures were intended to revitalise high streets.

More details at the link.

Share this post


Link to post
Share on other sites

Makes me sick the way the government crushed the seaside amusements industry and then deregulated bookmakers and the lotteries.

Obviously we did not have a big enough lobby group or deep enough pockets for the bankers government. B'stards kept high taxes on the 10p per spin fruit arcade machines & coin pushers whilst letting anyone play scratch cards and deregulating betting terminals.

I left the industry and it seems to have gone back to redemption and ticket payout machines. I always liked the Japaneese arcades where you would walk around with a big pot of tokens or pachinko balls.

Share this post


Link to post
Share on other sites

The Government will be making money laundering easier, too, by stopping councils from restricting the number of bookies on the high street.

As with payday lenders, it's another nasty bit of class warfare. Make sure people have every possible opportunity to f**k up.

Share this post


Link to post
Share on other sites

This has been going on in casinos for donkeys years.

Food takeaway owners always appear late at night with their takings.

Buy £1000 of chips then gamble for a while.

Cash back say £980 and get a receipt.

Put the money in a personal bank account and when asked by the revenue to explain say they got lucky down the casino and produce the receipt.

Share this post


Link to post
Share on other sites

Apparently an economy turning more and more to stuff like casinos etc is one of the signs of it being on its last legs. They destroy jobs and economic growth.

That's OK, the payday lenders will give us growth and recovery..

Share this post


Link to post
Share on other sites

I know a man who has worked in betting shops for decades. He tells me most of the shops now exist purely as sites for the machines and that their over the counter trade is negligable.

Share this post


Link to post
Share on other sites

According to William Hill, machines are 46% of retail revenue now

http://www.williamhillplc.com/~/media/Files/W/William-Hill/siteware/Fact%20Sheet%20-%20Retail.pdf

and, on average, each machine makes £848 per week gross win so, 4 per shop = £3,392 per week gross profit

http://www.williamhillplc.com/~/media/Files/W/William-Hill/media/releases/2013pr/q3-ims-03-10-13.pdf

Gaming machine net revenue was up 18% in the period or down 2% on an underlying basis Gross win

per machine per week was £848 (Q3 2012: £888). We have rolled out the new Eclipse machine to 207

shops to date and aim to complete the roll-out to 1,228 shops by the end of February 2014. Again,

performance was weaker in July than in either August or September

Share this post


Link to post
Share on other sites

I know a man who has worked in betting shops for decades. He tells me most of the shops now exist purely as sites for the machines and that their over the counter trade is negligable.

Barring old Internet-illiterate grandads who actually goes into a bookies to make a bet? Logically it must be all for the machines now Are they that much of a 'safe bet'?

Share this post


Link to post
Share on other sites

I know a man who has worked in betting shops for decades. He tells me most of the shops now exist purely as sites for the machines and that their over the counter trade is negligable.

Barring old Internet-illiterate grandads who actually goes into a bookies to make a bet? Logically it must be all for the machines now Are they that much of a 'safe bet'?

Share this post


Link to post
Share on other sites

According to William Hill, machines are 46% of retail revenue now

http://www.williamhillplc.com/~/media/Files/W/William-Hill/siteware/Fact%20Sheet%20-%20Retail.pdf

and, on average, each machine makes £848 per week gross win so, 4 per shop = £3,392 per week gross profit

http://www.williamhillplc.com/~/media/Files/W/William-Hill/media/releases/2013pr/q3-ims-03-10-13.pdf

Gaming machine net revenue was up 18% in the period or down 2% on an underlying basis Gross win

per machine per week was £848 (Q3 2012: £888). We have rolled out the new Eclipse machine to 207

shops to date and aim to complete the roll-out to 1,228 shops by the end of February 2014. Again,

performance was weaker in July than in either August or September

It's been a long time since I worked in betting shops, around 16-20 years, and they've certainly changed a lot since then. If my memory serves me right we used to have a couple of dog meetings each day and a couple of horse meetings plus the usual popular sports of football, tennis, cricket, etc. I think the major European football leagues were covered on the coupon and other than that you only ever really got major World events such as Breeders Cup racing or Arc De Triomphe. Night racing was just making an appearance but it was usually only a couple of nights a week in the summer months. There were two fruit machines in the shops and I think they were £15 payout a the time. Numbers betting was covered by the Irish lottery, I think Spanish lottery and the daily 49s draws, lunchtime and teatime, had just been introduced.

Now it has all changed.

The shops are open morning to night, irrelevant of what is being offered. It's sad to pass them, usually empty, and see the staff wishing their lives away. As we all know they'll all have four gaming machines in now that you can win £500 maximum on and stake £100 every 20 seconds. Racing coverage starts as soon as the shops open from the western side of the planet and continues after UK racing from the Eastern side until the shop shuts. International lotteries are numerous and numbers draws are blasted out every minute of every day, plus there are cartoon events (virtual) to have a go of just in case you have a spare 10 seconds when you haven't been handing any money over! Night racing is pretty much every night now and I think there are only 1-2 days a year when the shops are not open. Even if there are no live events some/most will probably still open up any way.

On the plus side, you get a free coffee.

Share this post


Link to post
Share on other sites

Barring old Internet-illiterate grandads who actually goes into a bookies to make a bet? Logically it must be all for the machines now Are they that much of a 'safe bet'?

I think they will always drag in some custom from people who like to deal in cash, casual punters and those that are in the pub with their mates, etc. The level of that is no doubt down though from historic levels.

Share this post


Link to post
Share on other sites

170 large in his shop safe!

THE former manager of a York bookmaker’s shop has been charged with money laundering by detectives investigating the discovery of £170,000 in the shop safe.

North Yorkshire Police said the man had been charged following an eight-month investigation centred on the Betfred shop on the corner of Bootham and Gillygate.

Darren Stilgoe, 48, from Rawcliffe, is due to appear before York Magistrates later this month. Police said earlier this year that the money in the safe was unaccounted for.

http://m.yorkpress.co.uk/news/10779087.Money_laundering_charge_for_former_manager_of_York_bookmaker/

Share this post


Link to post
Share on other sites

170 large in his shop safe!

Back in the 90s the shops never really used to carry much cash, unless one of the bigger/busier ones. All had a standard safe and most would make regular trips to the post office to bank excess cash (always a nice experience in some of the grubbier areas!). The more remote shops would have 'drop safes', a little hole in the floor that you shoved the cash in and G4S would come and empty once a week (awkward explaining to the guy why a fork was down there!).

I used to always wonder why people bothered to rob bookmakers when there were probably places out there, pubs and clubs, supermarkets, which carried a lot more cash day-to-day.

Share this post


Link to post
Share on other sites

Back in the 90s the shops never really used to carry much cash, unless one of the bigger/busier ones. All had a standard safe and most would make regular trips to the post office to bank excess cash (always a nice experience in some of the grubbier areas!). The more remote shops would have 'drop safes', a little hole in the floor that you shoved the cash in and G4S would come and empty once a week (awkward explaining to the guy why a fork was down there!).

I used to always wonder why people bothered to rob bookmakers when there were probably places out there, pubs and clubs, supermarkets, which carried a lot more cash day-to-day.

All the shops I worked in had an insert. Hole in the top to post money into the safe that was on a set timer and could only be opened for one hour a day. I remember a manager in one of our shops being found dead in a pool of blood. Knifed to death by people who didn't believe he couldn't open the safe.

Share this post


Link to post
Share on other sites

All the shops I worked in had an insert. Hole in the top to post money into the safe that was on a set timer and could only be opened for one hour a day. I remember a manager in one of our shops being found dead in a pool of blood. Knifed to death by people who didn't believe he couldn't open the safe.

Jesus, not nice at all. I remember some having inserts but these weren't timed or restricted, just literally a piece of metal with some magnets made to look like the inside of the safe. You'd leave a couple of hundred in the main safe and then stash any excess in the insert. I'm sure every criminal under the sun knew of them.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   205 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.