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January 10, 2018

The Guardian – Cabinet reshuffle could threaten gambling curbs, say campaigners

The report, written by the economics consultancy CEBR and due to be published on Wednesday, says this should be set against an estimated £1.2bn cost to the public purse caused by problem gambling, of which £210m is associated with FOBTs.

 

The CEBR’s chief economist, Oliver Hogan, said a stake cut to £2 “would not be nearly as detrimental as has been portrayed” and could even be a “net boost to the economy”.

 

Bacta’s chief executive, John White, said FOBTs were a “dangerous anomaly” in the gambling industry.

 

 

Read the full article here.

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