Great britain federal government is set to introduce brand new restrictions on FOBTs and the betting shops that host them. (Image: TheMedWire.co.uk)
Let me tell you, fixed-odds betting terminals (FOBTs) have actually been the single biggest issue for UK bookmakers over the past few months. The machines are highly profitable, but their spread has resulted in critique which they may also be addictive and predatory. That has generated calls that are many restrictions on the devices and it seems like the federal government is approximately to meet those requests.
A recent review by the Department of Culture, Media and Sport (DCMS) into the policies governing FOBTs has discovered several ways in which the machines could better be regulated. The review, led by Minister for Sport, Tourism and Equalities Helen give, found four areas in which improvements could be manufactured: exactly how to deal with the number of UK gambling stores, player defenses, training, and gambling advertising.
‘Following a process of policy review, I am adopting a precautionary approach with targeted and proportionate action to protect players further when making use of high stake video gaming machines on the high-street,’ Grant said.
Maybe the most notable change comes for many who want to bet a significant amount of cash within a session. The review proposes new guidelines that will require anyone who wants to bet more than &po (more…)