Results 1 to 2 of 2
  1. #1
    The Buzz's Avatar
    The Buzz is offline GPWA Gossip Hound
    Join Date
    February 2007
    Location
    Newton, MA
    Posts
    4,191
    Thanks
    411
    Thanked 1,867 Times in 1,146 Posts

    Default The Guardian: Intervention is "long overdue" for UK gambling industry

    With the pending results of the much-anticipated Gambling Act review lurking, one mainstream media outlet is calling for an "intervention" that is claims is "long overdue."

    In an editorial written by The Guardian and published on Monday, the newspaper write that "the enormously profitable gambling industry has been on notice for some time" and that "amid mounting evidence of the severe problems that its products can cause, with hundreds of gambling-linked suicides every year, the government launched a review of current laws in 2020."

    Industry lobbyists have spent the intervening period doing all that they can to soften the expected blows to their business model, while campaigners, including bereaved families, have argued for a regulatory framework that takes human frailty into account. Evidence suggests it is the latter who have the public’s support, with one survey showing that three-quarters of adults favour restrictions on gambling adverts.
    There is plentiful evidence, including in a new book by the Guardian’s Rob Davies, that companies have grown more sophisticated in their efforts to maximise profits by exploiting cognitive biases and disguising losses as wins. Between 2020 and 2021, the firms handed over £225,000 in “wages and freebies” to MPs. Since 2020, a former Labour MP Michael Dugher has been a prominent industry lobbyist.

    Denise Coates, the billionaire owner of Bet365, pays more UK taxes than anyone else. Inevitably, such wealth brings power. By contrast, there can be few people more desperately powerless than the people – often young men – who have gambled too much and found themselves in debt, obsessed and afraid. It is the government’s duty to protect both these adults and children, who Prof Bowden-Jones says have been placed at risk by “too much exposure to gambling” since the advent of ubiquitous online and sports advertising and smartphone access to 24/7 betting apps. MPs must call time on the claim that gambling is harmless fun.
    Read the entire editorial here: https://www.theguardian.com/commenti...ion-is-overdue

  2. #2
    Hrusczevich Vitalian is offline Brand New Member
    Join Date
    April 2022
    Posts
    4
    Thanks
    0
    Thanked 0 Times in 0 Posts

    Default

    Gambling laws sometimes require adjustments. Probably I'm not very good at it. Plus it depends on the geo in which you play.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •