FIXED ODD BETTING TERMINALS “DRAINING LOCAL COMMUNITY”

8th May 2018

MILLIONS LOST LOCALLY EACH YEAR

Figures from the Campaign for Fairer Gambling have this week revealed that Fixed Odd Betting Terminals (FOBTs) have cost people in the Motherwell and Wishaw constituency £25.4million between 2008 and 2016.

£90million has been lost across North Lanarkshire over the same period with 83 licenses issued across the local authority.

Between 2015-16, campaigners say £3.8million was lost across Motherwell and Wishaw and £13.3million across NL.

Motherwell and Wishaw MP, Marion Fellows, has backed the campaign to cap the maximum bet on FOBTs at £2. Gamblers can currently spend up to £100 per turn.

Commenting, Marion said:

FOBTs are a drain on our local communities and economies. The UK Government must act and cap betting at £2 per turn.

Despite their claims to be serving the local community, Bookies have one aim and one aim only: to take money from the pockets of punters and put it in their own costing jobs and destroying the lives of individuals and families.

Bookies target working class communities – communities which often lack investment and opportunities. FOBTs encourage problem gambling resulting in millions being lost which could be put to better use doing something worthwhile like supporting local, independent businesses or local groups and causes. Essentially, supporting each other.

The UK Government must enforce a £2 cap to tackle problem gambling and the things that encourage it and stop the exploitation.

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