Founder of the Campaign for Fairer Gambling, Derek Webb, makes the case for urgent betting reform in British horseracing.
My initial Campaign for Fairer Gambling (CFG) focused on British Fixed Odds Betting Terminals (FOBTs), the most addictive form of land-based gambling, introduced illegally by bookmakers, an unregulated sector, prior to the 2005 Gambling Act.
The 2019 FOBT stake reduction was a successful harm reduction measure. It resulted in gambler losses decreasing by around 750 million in a year, with no major crossover to other gambling losses, a 40% reduction in police callouts to betting shops and a reduction of 65% in FOBT main activity reporting by…
Read the full article at: https://www.politicshome.com/members/article/british-american-gambling-policymakers-ignore-billionaire-bookmakers-reform-opponents-twitter