PENARTH BETTING SHOPS CUT HOURS AND TRIM STAKES AHEAD OF NEW LAW

Ladbrokes betting shop in Stanwell Road is opposite Penarth Town Council’s HQ

Penarth’s betting shops are now cutting opening hours and reducing machine-gambling stakes in advance of the new gambling legislation announced last night.

All the major betting companies have premises in Penarth and all have the notorious machines which could see punters wagering up to £100 a time.

The Roulette game is one of the most effective for emptying the pockets of punters and making the most money for the betting shops

The target of the new regulations are a highly sophisticated version of what once used to be called “fruit machines” . The new computerised terminals – with eye-catching screen displays –   are called “fixed-odds betting terminals” (FOBTs) . They allow customers to bet up to £100 every 20 seconds on electronic casino games such as roulette.

The UK Government’s Culture Secretary Matt Hancock describes these machines as “a very serious social blight” – but betting shops now stand to lose a massive slice of their annual £1,800,000,000 income from the machines in the light of the new rules – which could force thousands of them to close. Of that, the government itself pocketed 25%  in tax. To cover the shortfall the Government is TO increase Remote Gaming Duty on casino games.

The interior of Ladbroke’s betting shop in Stanwell Road . The shop is cutting back on opening hours and has already reduced the size of customers’ stakes

Already in Penarth, Ladbrokes in Stanwell Road have stopped people making £100 bets on the machines and have already introduced a new lower stake-limit of £50. The only customers who can still bet up to £100 a time are those with special credit facilities

Pressing this button too often can allegedly put “vulnerable people” into  desperate circumstances.

From Monday June 6th  Ladbrokes are also reducing their shop-opening hours and will open only from 10:30 to 19:00 from Monday to Thursday, will shut at 19:30 on Fridays and Sundays, and at 18:30 on Saturdays.

The other betting shops in Penarth are also reducing opening hours and have already slashed permitted stakes.

Opponents say the new Government regulations amount to “prohibition“.  The Government says all this is being done to help “very vulnerable people…who lose thousands of pounds on the machines “. The betting firms point out that what the restrictions will really do is push “vulnerable customers” to gamble on the internet – where there are no restrictions.

The government has also to account for its own stance on the National Lottery which is described as “a tax on the stupid”  – and in which  55%  of every customer’s stake is whipped away in deductions for alleged “good causes and charity” and is never added to the prize fund.

 

About NewsNet

Penarth Daily News email address dmj@newsnet.uk . Penarth Daily News is an independent free on-line fair and balanced news service published by NewsNet Ltd covering the town of Penarth in the Vale of Glamorgan, Wales, UK. All our news items are based on the information we receive or discover at the time of publication and are published on the basis that they are accurate to the best of our knowledge and belief at that time. Comments posted on the site by commentators reflect their opinions and are not necessarily shared, endorsed or supported by Penarth Daily News.
This entry was posted in Penarth Daily News. Bookmark the permalink.

3 Responses to PENARTH BETTING SHOPS CUT HOURS AND TRIM STAKES AHEAD OF NEW LAW

  1. Philip Rapier says:

    There is a saying in the Emerald Isle that says ” you can’t take the p**s out of Leprechauns,”
    These machines have always been banned in the Irish Republic.
    However the Blair Running Dog Revisionist so called Labour Government made it possible for their friends the Bookies to do exactly that in the hope of a Casino Culture raising more tax.(Gambling Act 2005)
    Three hearty cheers for Boris Johnson who consistently Votes against Gambling Deregulation and the price hike of the National Lottery– or— stays away from the Commons to avoid voting with his shameless colleagues when the Tory Party Whip says vote to let us fleece the sheep.even more.
    PDN please note -yes—- I really did just shower praise on Boris and I can hardly believe it myself.

    • Penarth realist1 says:

      It was Tessa Jowell who allowed the fixed odds betting terminals.
      Any nice words to say about her Philip?

    • Frank Evans says:

      If there was ever a argument why hard left Corbyn would be a disaster for the UK then comments like Mr Rappier makes should leave you in no doubt how mad the new red left has become.

Comments are closed.