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.
The British AWP (amusement with prize) industry, like the wider hospitality sector, faces an uncertain future in the face of increasing financial pressures, and there has been calls for the government to take action to ease the situation.
The backlash of this week’s long awaited triennial review of gaming machines stakes and prizes reverberated through Parliament on Tuesday, as the issue was debated prudently amongst MPs.
The UK Government has announced that it intends to reduce the maximum stakes on B2 gaming machines, better known as FOBTs, but has launched a 12-week consultation to determine the new lower level.
The Association of British Bookmakers (The ABB) has announced it would ‘not oppose’ Labour’s new proposal to impose a compulsory levy on British bookmakers that would go towards helping treat problem gamblers.
There has been ample discussion of FOBTs and the gambling industry at large in the UK's mainstream press of late. The controversy around the FOBTs and gambling advertising continues to be a hot topic for the papers, and the effects of this are potentially sizable for the industry...
Contrary to recent speculation, the review of Fixed-Odds Betting Terminals (FOBT) stakes has not been shelved, Bacta chief executive John White has reassured members.
The Parliamentary inquiry into Fixed Odds Betting Terminals, branded a ‘kangaroo court’ by the Association of British Bookmakers (ABB) has been heavily censured by the Parliamentary Commissioner for Standards.
As the government prevaricates over its triennial review of stakes and prizes for gaming machines, the bookmakers and the arcade operators are in danger of engaging in open warfare.
Britain’s bookmakers have lodged an official complaint with the Parliamentary Commissioner for Standards over a “wilfully misleading” MPs report on Fixed Odds Betting Terminals (FOBTs).