FOBT

FOBT debate rages on in Parliament

The debate over Fixed Odds Betting Terminals (FOBTS) continues to rumble on, as MPs play political football over the timeline of when the new regulations will be implemented.

Triennial review proves that the devil is always in the detail

The recent triennial review of machine stakes and prizes may have been focused on the curtailment of B2 stakes, but it was not all good news for games that fall into the B3 category.

Bookies braced for devastating FOBT verdict

With a final decision seemingly imminent on FOBT stake levels this week, the bookmaking sector is bracing itself for what could well prove to be the most damaging change in legislation to hit the gaming sector in decades.

£2 FOBT stake is the issue that refuses to go away

A Conservative Party revolt on gaming machine stakes and prizes could yet see a maximum £2 stake implemented on FOBTs in the UK.

UKGC advises the government to cut FOBT stakes to £30

The UK Gambling Commission (UKGC) has moved away from the notion that the maximum stakes on FOBT (B2) gaming machines need to be cut to £2.

Paddy Power retains unwavering anti-FOBT stance

When newly appointed Paddy Power Betfair CEO Peter Jackson accused the industry of “scare tactics” over the potential consequences of impending FOBT regulations, it marked the group’s continued resolute stance on the issue.

Proposed £2 max stake “equates to a ban on FOBTs”

A group of independent bookmakers joined forces earlier this week to write to Prime Minister Theresa May, urging a rethink on proposals to lower the maximum stake on Fixed Odds Betting Terminals (FOBTs) to £2.

Ladbrokes Coral puts racing sponsorships “high on the list” to keep

Ladbrokes Coral has denied that it will be reducing its sports sponsorship spend, instead saying that it "could not be ruled out" as a natural consequence of the severe cuts to maximum stakes on FOBTs...

FOBT debate clouded by wildly disparate analysis

UK amusement and gaming trade body bacta has met with former Conservative Party leader Iain Duncan Smith to present a new report that tackles the economic impact on bookmakers from a proposed reduction in FOBT maximum stake to £2.

Merger seeking GVC Holdings posts strong finish to 2017

GVC Holdings has reported a strong end of year trading, with the company expecting to publish full-year corporate results at the top end of its management expectations.