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Liverpool City Council Ban FOBTs In Betting Shops


Gaz

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Just now, AyrshireTon said:

William Hill are to close 700 shops putting up to 4500 jobs at risk. Following the drop in revenue after the government set a maximum limit of £2 stake on FOBTs, this isn’t a surprise to their staff.

So FOBTs are keeping 700 shops open?

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10 minutes ago, Melanius Mullarkey said:

So FOBTs are keeping 700 shops open?

Don’t recall saying that.

Following the government ruling bookies in general have seen a drop in revenue, although online betting is having a similar effect. WH is just the latest bookies to have to close shops.

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2 hours ago, Melanius Mullarkey said:

So FOBTs are keeping 700 shops open?

In a way they were. Each shop was limited to 4 FOBTs therefore the bookies such as WHs expanded like f**k. Now the reduction in the maximum stake has compounded the losses at these pop up branches. 

 

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1 minute ago, jagfox99 said:

In a way they were. Each shop was limited to 4 FOBTs therefore the bookies such as WHs expanded like f**k. Now the reduction in the maximum stake has compounded the losses at these pop up branches. 

 

Not such a good gamble for the bookies, then.

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1 minute ago, The Skelpit Lug said:

Not such a good gamble for the bookies, then.

A wee shame* really...

 

*not a shame**

**except for the poor c***s losing their jobs...

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52 minutes ago, LinkinFighter said:

Think there's 3 or 4 William Hill shops in Motherwell.

One or more will probably shut.

Once all this happens and the dust settles, racecourses may have to shut too.

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Get them straight in the bin. I'm sad that people will lose their jobs but not at all sad that people might, hopefully, not have their lives ruined by these cash cows.
I'm all for a bet on football etc but have never really seen the point in chucking money in a machine then waiting on an outcome that you have no conceivable idea of.

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18 hours ago, AyrshireTon said:

Don’t recall saying that.

Following the government ruling bookies in general have seen a drop in revenue, although online betting is having a similar effect. WH is just the latest bookies to have to close shops.

The ruling has probably accelerated something that was going to happen anyway

A general downturn in the economy would be expected to hit the gaming industry as responsible gamblers will have less disposable income that they can risk responsibly

There has been a steady movement away from betting shops to online bookmakers for years.

https://www.gamblingcommission.gov.uk/PDF/survey-data/Gambling-industry-statistics.pdf

It's also worth remembering that the money that isn't being put into these terminals still exists. It will be being spent somewhere else in the economy preventing other people's jobs from being lost. 

 

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