MPs slam UK Gambling Commission over failure to cut FOBT stakes
- By: Staff Writer
- March 26, 2018
- LikeUnlikeLike
- 1370 Views
Several members of the British parliament have expressed disappointment at the Gambling Commission’s failure to cut fixed-odds betting stakes to £2.
The angered MPs have long campaigned against roulette-style gaming across UK bookmakers, claiming that fixed-odd betting terminals (FOBTs) are heavily linked to problem gambling.
The UK Department for Digital, Culture, Media and Sport made a review of the Gambling Commission’s recommendation that bets on FOBTs be reduced from £100 to between £2 and £50, but opponents say £50 is still too high and want a £30 maximum.
Commission renews commitment to lower stakes
Labor’s deputy leader, Tom Watson, said it was disappointing that the Gambling Commission “caved in to industry pressure” and failed to act on curbing problem gambling.
He warned ministers to not sit idle and watch the Commission put gambling addicts at risk.
“These machines are the heart of the UK’s hidden epidemic of problem gambling,” Watson said.
“The government must cut the stake to £2 on all FOBT machines, including the highly addictive roulette-style games.”
Carolyn Harris, the Labor MP who is the chairperson of the parliamentary committee investigating FOBTs, also expressed her displeasure with the Gambling Commission.
She insisted it was the moral duty of the government to ensure that casino players were protected from themselves when it came to staking bets on FOBTs.
The Gambling Commission, however, says it is committed to protecting gamblers, hence the recommendation for a £2 limit in the first place.
It averred that it also pushed for “tracked play” – a system whereby machines identify and monitor the betting patterns of individuals, thus flagging problem gambling behaviours.
Cutting FOBT stakes “doesn’t go far enough”
According to Neil McArthur, chief executive officer of the Gambling Commission, his agency is all out to recommend and implement measures that would keep gamblers out of harm’s way at the machines.
He said the commission had recommended measures that aimed to reduce the risks of harm and provide solutions through tighter controls for online gambling.
“In our judgment, a stake cut for fixed-odds betting terminals alone doesn’t go far enough to protect vulnerable people,” McArthur said.
“That is why we have recommended a stake cut plus a comprehensive package of other measures to protect consumers.”
Matt Hancock, the culture secretary, is said to favour cutting betting stakes to £2 but is soft-pedalling for the sake of the Treasury, which derives a significant amount of its £700 million revenue from FOBTs and other gambling streams.
You may also like
Join the Betting Planet team!
Are you passionate about sports betting? Sports news writers required TODAY!
Experienced preferred but not essential. (All apps considered).
View Careers at Race MediaTop Online Casinos
Latest Betting News
- Andy Murray joins Novak Djokovic’s team as new coach
- West Indies secure Day 1 against Bangladesh despite late wickets
- Netherlands reach first Davis Cup Final after beating Germany
- NFL Week 12 Sunday preview & free betting picks | November 24
- Bundesliga soccer betting picks & predictions | Matchday 11
- Serie A Matchday 13 preview & top betting picks
- UFC Fight Night Macau betting preview & top picks | November 23
- Kokkinakis stars as Australia down USA in Davis Cup quarters
- Las Vegas Grand Prix 2024 betting preview & free predictions | F1
- EPL Matchweek 12 betting picks & odds | Premier League 2024-25
Casino Guides
- Safest online casino jurisdictions
- How to guides
- How to win at pokies
- How to play online pokies
- PaysafeCard online casino deposits
- MasterCard Online Casinos
- Online Casinos Accepting POLi
- 32Red Casino Review
- All Slots Casino Review
- Boombet Casino review
- Horse racing games at casinos
- Credit card deposits at online casinos
- Films about blackjack
- Live dealer casinos
- How to play live dealer blackjack party
- Online Blackjack
- Top online casinos 2024
- Online casino deposits
- MasterCard Online Casinos
- Online Casinos Accepting POLi
- PaysafeCard online casino deposits
- Online slots
- Playing Pai Gow Poker on the Internet
- Online keno
- Online poker
- Online poker tournament structures
- Real money online roulette 2024
- Online multi-wheel roulette – what is it?
- How to play online scratch cards in 2024
- Sit & Go online poker tournaments
- Skrill e-wallet deposits at online casinos
- Visa online casino deposits
Sports Betting Guides
Casino Games
Deposits & Withdrawals
Football
Basketball
Top Country Betting sites
- Angola
- Antigua and Barbuda
- Armenia
- Australia
- Azerbaijan
- Bahamas
- Barbados
- Belize
- Brazil
- Canada
- Dominican Republic
- Germany
- Ghana
- Grenada
- India
- Indonesia
- Italy
- Kenya
- Malaysia
- Malta
- Ireland
- Netherlands
- New Zealand
- Nigeria
- Norway
- Philippines
- Singapore
- South Africa
- Turkey
- Uganda
- Ukraine
- United Kingdom
- Vietnam
- Zambia
- Zimbabwe