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UK politicians join the battle against Fixed Odds Betting Terminals

UK politicians join the battle against FOBTsReading Time: 1 minute

Fixed Odds Betting Terminals (FOBTs) could face a change in operations.

 

New politicians have joined the battle against Fixed Odds Betting Terminals (FOBTs) supporting measures seeking a lower maximum bet of £2. Legislators have been discussing a change to current regulations to reduce gaming addiction among British players. According to local press, Aberdeen Central SNP member Kevin Stewart has demanded a lower maximum bet.

As reported this weekend, Kevin Stewart called the Gambling Commission’s recommended £30 bet ‘farcical’ during an event in the Scottish Parliament organised in conjunction with the Westminster All-Party Parliamentary Group on FOBTs.

While some parties were asking for the maximum stake to be set at £2, the UKGC said that the number should be reduced from £100 to £30 or less. The commission also recommended that the stake on gambling machines, like fruit machines, should be limited to two pounds.

We already know that £9million was lost in Aberdeen alone on these terminals in 2016, and there have been tragic consequences as a result of the massive financial losses,” stated Stewart. “These addictive terminals hit some of the most financially vulnerable people in our communities.

He concluded: “These machines should really be banned, but if they must remain, then the maximum bet should be as low as possible.


Source: European Gaming Industry News

Zoltan Tundik

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

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