Rejects maximum bets reduction on “the crack cocaine of slots”
No guesses as to which way Chancellor Philip Hammond would bend when the winds of popular change cried out for changes to maximum bets on “the crack cocaine of slots”.
There is no possible excuse for anyone with any sense of morality to ignore the damage that uncontrolled slot machines do to people. Yet, once again, Tory Party economic policy has come to the fore to see that big business gets the better of the common man.
News that Hammond has blocked a review into fixed odds betting terminals (FOBTs) has been badly received by Responsible Gaming lobbies, with serious concerns over gambling addiction and damage to the social fabric that has led the Department for Culture, Media and Sport to look into reducing the maximum bets to as little as £2.
FOBTs allow players to bet as much as £100 every two seconds and account for much of the in-store income of bookmakers, who lobbied like crazy against any reform to these addictive gaming machines.
Stuart McMillan, SNP MSP, who led the campaign against FOBTs in Holyrood, Scotland, had urged the chancellor not to go back on Tory pledges after rumours of Hammond’s intervention emerged. McMillan, said: “Any money that these terminals earn in no way outweighs the damage that they cause in our communities and to families – there’s a reason they are labelled the ‘crack cocaine’ of gambling.” (E-08.10.17)