reveiw of stakes and prizes started
#41
Spoke to a senior manager in a certain company about this the other day.  He said after Easter there will be something
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#42
(03-26-2017, 08:36 AM)voodoo Wrote:
(11-07-2016, 08:55 PM)voodoo Wrote: the push for randoms in pubs has begun, well it did a while ago but now it's coming on strong

And 6 months down the line, here we are. Hope the full timers are polishing their CVs

(04-05-2017, 12:05 AM)buster1000000 Wrote: Spoke to a senior manager in a certain company about this the other day.  He said after Easter there will be something

how enlightening  :D
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#43
now delayed till october due to election being called...


 
A delay in the government's announcement of its findings from the triennial review of gaming machines stakes and prizes appears inevitable following the decision to call a general election for June 8.

The government had said it would announce news of its review –which also includes gambling advertising and social responsibility measures – in the spring, but that looks set to be pushed back until October now, as the 'purdah' period will soon come into force and the government will not be able to make any announcements about any new or controversial initiatives.

That would mean any changes emanating from the review would not come into force until October 2018, rather than April next year.

The government could not confirm a date for the announcement on Thursday.

A Department for Culture, Media and Sport spokesperson said: "The government is currently undertaking a review of stakes and prizes of gambling machines and their locations, which includes FOBTs [Fixed Odds Betting Terminals].

"It is important that gambling regulations strike the right balance between allowing the industry to contribute to the economy and enable people to bet responsibly while ensuring consumers and communities are protected. The review will be published in due course."

There had been widespread speculation that the review would result in reduction of stakes on 'B2' machines – also known as FOBTs – with betting shop operators warning cuts from the current £100 to the £2 level demanded by campaigners would lead to widespread shop closures and job losses, as well as damage to horse and greyhound racing's economic models.

Analyst Gavin Kelleher of Goodbody said: "On one hand a delay is a short-term positive as any potential profit impact to operators is delayed by what looks like at least six months.

"It also provides operators with more time to mitigate as much of their machines away from high-staking B2 content, along with positioning as much of their machine player base towards registered play, as this could be a likely recommendation.

"However, the potential for a significant maximum stake reduction on B2 gaming machines remains an overhang on retail bookmakers in the UK."

Simon French of Cenkos also said an announcement was likely to be delayed, while also pointing out the issue of gaming machines could be included in party election manifestos.

He added: "Either way this is likely to continue to act as a brake on industry consolidation – unhelpful in a slowing UK market with tough Euro 2016 comparatives to be lapped in June and July."

Opponents of gaming machines have said they will try to keep the issue in the public eye.

John White, chief executive of amusement arcade trade body Bacta, said: "While the review may be delayed, the need for political action on the issue of FOBTs remains urgent."

He added: "We'll be campaigning for all parties to recognise the need for substantial stake reduction on FOBTs."
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#44
Cheers for the info. Get the Turbos and Triples back out there in the mean time!
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#45
Government eh, takes them forever to do anything!!!!
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#46
More months of extra tax from the fobts for them!!
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#47
Most interesting post today goes to russthebuss (no sarcasm) - good to keep up us up to date
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#48
would love to see a reduction to £2 a spin, but how likely is it to happen?
bookies are total cunts in my opinion, they fucking love their problem gamblers going way too far and they even make you pay for a can of drink when a grand plus involved?!
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#49
(04-20-2017, 11:38 PM)HoveSam Wrote: would love to see a reduction to £2 a spin, but how likely is it to happen?
bookies are total cunts in my opinion, they fucking love their problem gamblers going way too far and they even make you pay for a can of drink when a grand plus involved?!

Yeh on the money there, they know the things are ridiculously addictive but they'll never admit it, I'd imagine the stakes will be cut to £10/20 rather than £2 as a compromise, which the bookies say will cause all these job losses etc but independent analysts have said it's all scaremongering as of course it is!

Toss up for the government really, keep the tax revenues high and the bookies happy vs saving the nation a few thousand addicts.
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#50
There's only 1 timmy addict

There's only 1 timmy addict

Walking along, singing a song...
The future is much like the present, only longer.
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#51
not sure if the whole stakes and prizes review has been scrapped, but not going to be lowering stakes or prizes.

some reports saying the whole thing has been shelved.
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#52
October isn't it as you said in your above post!!!!
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#53
(08-05-2017, 10:05 AM)ob Wrote: October isn't it as you said in your above post!!!!

maybe just a misleading article then.
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#54
Latest I could find, but t just looks a load of waffle


Attached Files
.pdf   SN06946.pdf (Size: 372.87 KB / Downloads: 18)
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#55
(08-05-2017, 11:10 AM)Gambo Wrote: Latest I could find, but t just looks a load of waffle

yep that is the official report, seems like there has been a leak from someone that Hammond is not letting any changes which will reduce the tax take through.

(400m a year is buttons compared to the current spending, it covers about 3 days of interest on the national debt.)
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#56
That document doesn't really say anything does it!
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#57
does not look like it is happening before end of October
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#58
This Tory government ain’t the best eh!!!
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#59
next week it will be announced it seems.

no sharp falls in the high streets share price(downward trend consistent) suggests it not going to be that much of an shock
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#60
Already factored in, just do balls online instead.
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