English, Welsh Slots Gamblers To Set Own Time And Money Limits

English, Welsh Slots Gamblers To Set Own Time And Money LimitsAs part of its ongoing efforts to promote responsible gambling, the Association of British Bookmakers (ABB) has introduced a new code of conduct which allows gamblers to set limits on the amount of time and money they spend on high-stakes gaming machines located inside betting shops.
In England and Wales there are currently more than 33,000 such betting terminal machines which allow customer to spend up to £300 every minute. The new technology, however, will allow players to not only set spending limits, but also to signal alerts whenever they have spent £250 or played for 30 minutes.
Interestingly, the Responsible Gambling Trust (RGT) has found that although less than 1% of total gamblers fall into the problem gambler category, those that do actually account for as much as 50% of the industry’s betting revenue. Consequently, betting shops have also announced that their staff would now receive training on how to spot and offer support to problem gamblers.
Commenting on the move, ABB chief executive, Dirk Vennix, said the the new measures should help protect customers, while in no way interfering with the enjoyment of up to eight million people who regularly gamble on fixed-odds betting terminal (FOBT) without any problems. In addition, the ABB has asked the Responsible Gambling Trust to commission an independent review of its new code of practice, with RGT chief executive Marc Etches, explaining:
“The evaluation will assess the code’s short-term and long-term impacts on consumer behaviour and will form an important part of the RGT’s recently announced program of research into gaming machines located in licensed betting offices.”
Meanwhile, the British Government has welcomed the new industry code of conduct, whilst acknowledging still more has to be done in order to protect vulnerable gamblers. As culture minister Helen Grant, stated: “Problem gambling is a serious issue and we are determined to help tackle it. We want there to be a competitive gambling sector but not at the expense of public protection, and our ongoing review is focused on that.”

Poker News
Mississippi Casinos Post Record Revenue in April as Sports Betting Beckons
04 Jun 2018
Mississippi’s casinos generated gross gaming revenue of $184 million in April, or 5% more compared to the same month in 2017. Furthermore, that total represents an all-time high for the state, and is 1.3% more than the previous record set in 2007 when thousands of volunteers entered Mississippi to assist in cleanup efforts post-Hurricane Katrina.
Switzerland Prepares For June 10th Legalized iGambling Referendum
04 Jun 2018
On June 10th, Switzerland will hold a national referendum to decide whether the ‘Money Gaming Act’ passed by the Swiss Parliament in September 2017 can be implemented next year in its present form. The piece of legislation paves the way for land-based casinos and local partners to offer legalized online gambling in Switzerland, although a
MGM Resorts International Buys NY's Empire City Casino for $850 Million
02 Jun 2018
Real estate and entertainment conglomerate MGM Resorts International has revealed that it’s embarking on a purchase of Empire City Casino, a slots and pari-mutuel wagering venue located in Yonkers, N.Y., just a few miles north of Manhattan. The deal was announced May 29 in a press release, and is expected to be completed near the
Delaware to Launch Full-Scale Sports Betting on June 5th
02 Jun 2018
Last month’s decision by the US Supreme Court to overturn the sports betting ban in the country has opened the floodgates for individual states to legalize and regulate sports wagering within their borders. Before its decision was even made, though, a number of states had already put in place the necessary legislation in order to