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4th November 2019 at 6:55 pm #82770
BBC quote
https://www.bbc.co.uk/news/live/business-50261657
Shares in all the main gambling companies are down sharply.
GVC, which earlier named a new chairman, is off 12% while William Hill has fallen 7%, 888 is down 5% and Flutter (Paddy Power) is off 2%.
Neil Wilson, chief market analyst at markets.com, points to the all-parliamentary party group report – written up by the Guardian – which says online casinos should be subject to maximum stake limits similar to the £2 limits imposed on fixed-odds betting terminals (FOBTs).
“If any future government carried out these reforms it would be a big blow to bookmakers who now derive a lot of revenues from online gaming. It could be as bad for them as the FOBT restrictions,” he said.
15th November 2019 at 6:04 pm #82831The problem is too many people are in denial. They refuse to admit more needs to happen to stop this happening. The bookmakers were in denial and refused a 10 pound max stake. They lost their battle and now it’s only a matter of time before the online industry is raped of business. Shares don’t fall for no reason, it is insiders information leading to a decline in investment. The sooner people start to compromise and admit more can be done to stop the eradication of the online industry, the better.
What they have in their favour online the bookmakers didn’t have at all on the high-street. That is the VPN and ways around things online. There will be a serious issue with unregulated gambling and things being driven underground. The War is real, it is religious and it is an inside job.5th November 2019 at 6:24 pm #82834The problem is too many people are in denial. They refuse to admit more needs to happen to stop this happening. The bookmakers were in denial and refused a 10 pound max stake. They lost their battle and now it’s only a matter of time before the online industry is raped of business. Shares don’t fall for no reason, it is insiders information leading to a decline in investment. The sooner people start to compromise and admit more can be done to stop the eradication of the online industry, the better. What they have in their favour online the bookmakers didn’t have at all on the high-street. That is the VPN and ways around things online. There will be a serious issue with unregulated gambling and things being driven underground. The War is real, it is religious and it is an inside job.
Bet u cum in your pants , when u seen this post ?
15th November 2019 at 6:37 pm #82835Why would you even say that? Do you think i want this? Do you think i don’t gamble, watch streams or sign up through affiliates?
I bet you can’t get hard anymore after seeing this post.6th November 2019 at 11:01 am #82832This is going to lead to a lot of people gambling £5 a spin on unregulated casino’s… Winning 20k.. then never seeing a penny of it.
They would have been better, to enforce maximum gambling amounts based on salary.. for example, You provide a source of wealth, say a payslip, that shows you earn 100k per annum. They then set you max monthly deposit based on a formula based on that. minus any withdrawals.
It wouldn’t stop you having multiple accounts with different casino’s.. but if they really wanted to control it, you could divide that sum by the number of online casino’s that you are signed to.
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BBC news article on on-line stakes limits
Viewing 5 posts - 1 through 5 (of 5 total)
Viewing 5 posts - 1 through 5 (of 5 total)