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  1. #1
    The Buzz's Avatar
    The Buzz is offline GPWA Gossip Hound
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    Default Ladbrokes CEO: Press is in 'burn the witch territory' with gambling sector

    Ladbrokes Coral CEO Jim Mullen told the British Racing Association in a recent interview that the gambling industry “is now in burn the witch territory.”

    His comments come after a string of negative reporting about Fixed Odds Betting Terminals and the industry's advertising practices and social responsibility standards, including the recent news of 888 being fined nearly 8 million for gambling compliance failures.

    From The iGaming Post:

    Mullen said, “we are, verging on cabbages and heads in stocks.” The CEO is worried that the negative press will impact on the Government review into FOBTs this October with politicians reducing the stakes bet on the machines to show they are doing something and to keep newspapers happy, even thou no real evidence on the impact of FOBTs has been proven says Mullen.

    He stated that “The business side is if there is a cut in stakes based on no evidence, putting aside how morally incorrect that it is, then we’re putting our people’s jobs at risk.” Mullen said previously that up to 9,000 jobs could go if there is a drastic cut in stakes bet especially in the London area.
    Read more here: https://gaming-awards.com/NEWS/?p=32931
    Last edited by The Buzz; 19 September 2017 at 10:03 am.

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  3. #2
    ocreditor's Avatar
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    Default

    the 888 link is not working so here it is : http://www.businessinsider.com/888-c...mission-2017-8

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    Betreels Casino (20 September 2017)

  5. #3
    Triple7 is offline Private Member
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    Default

    He better organizes well his own affiliate department first.

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  7. #4
    The Buzz's Avatar
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    Thanks for the heads up, ocreditor. The link has been fixed above. This is where it was supposed to go:

    https://www.gpwa.org/article/888-hol...million-222553

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    ocreditor (20 September 2017)

  9. #5
    RacingJim is offline Public Member
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    He's right about some of the press articles which verge on ridiculous where gambling is concerned, however I do think those FOBTs can be pretty lethal.

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