Gambling Commission recommend maximum FOBT stake of £30
Today’s announcement of the Gambling Commission’s recommendation to the Department for Digital, Culture, Media and Sport (DCMS) – viz. that the maximum FOBT stake for roulette should be set “at or below £30” – has disappointed some, and angered others who have been campaigning against these machines in betting shops in the UK.
The Guardian newspaper reports the Commission’s recommendation as a ‘failure’.
Gambling Watch UK castigates the Gambling commission for failing to apply its own ‘precautionary principle’.
Tom Watson (the Labour deputy leader and a prominent opponent of FOBTs) has said: “This is a deeply disappointing report from the Gambling Commission, which appears to have caved in to industry pressure.”
But not everyone is unhappy at the announcement: shares in William Hill and Ladbrokes Coral rose around 4% after the news.
Read the full article at the author, Gerald Gouriet QC's website.