I am supporting the work of the All Party Parliamentary Group (APPG) on Fixed Odds Betting Terminals (FOBT) in a bid to reduce the stake limit from £100 to £2.
The machines have limitations on the number which can be used in each licensed premises and the stake is currently limited to £100, however the machines are highly addictive and some users can quickly become hooked. FOBTs allow punters to stake £100 every 20 seconds on electronic versions of casino games.
Research carried out by ‘Stop the FOBTs’ reports that within the 38 betting shops in Oldham, over £22 million is gambled on 138 machines with customers losing £5,640,277.
You can read more about the campaign by clicking here