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The UK has a gambling problem

Discussion in 'off topic' started by sean99, Sep 25, 2017.

  1. sean99

    sean99 pfm Member

    https://nyti.ms/2yk5LhB

    "42 Minutes, £2,600 Lost: The U.K.’s Growing Gambling Problem"

    I notice this when I'm in the UK - the incredible level of advertising for gambling. As an outside observer it seems that the UK is exchanging an alcohol problem (90s and naughties) for a gambling problem.
     
  2. merlin

    merlin Avatar changed - Town names deemed offensive.

    It has many problems. Gambling doesn't surprise me - the working class of this Country have not had it this bad in decades and there's no other escape.

    Now, how many of the betting firms are paying their fair share of taxes?
     
  3. Yomanze

    Yomanze pfm Member

    I understood Bingo as a night out, but on a smartphone app it just screams danger to me.

    The rise in gambling problems can be linked to adoption of smartphone apps & online play.
     
  4. Mullardman

    Mullardman Moderately extreme...

    It seems to me that the whole UK electorate is willing to gamble its future on half baked referenda and and voting according to press/media edict.

    My only 'proper' gambling is 'down the Bingo' in Nottm maybe 4 or 5 times a year. It's a good laugh and costs me 20-30 quid in actual stakes. I've won a few hundred quid here and there. Other family members have won a few grand. The family record stands at a £10k win. My ears are still ringing from that shout... :)

    Mull
     
  5. HairyHaggis

    HairyHaggis <((((º>`•.¸¸.•´¯`•.¸.•´¯`•...¸><((((º>¸.

    .. you beat me to it :)
     
  6. Richard Nichola

    Richard Nichola pfm Member

    The vast majority of them pay 20% Gross Profit Gambling tax to the UK. Their internet operations (almost) all went offshore until they changed the rules and now the GPT is collected collected based on the location of the punter. On the other hand, most of the operators continue to be licensed out of Gibraltar and generate their profits nominally in Gibraltar. They pay a capped tax of £425,000 pounds, then 10% corporation tax to Gibraltar.

    PS If you hate the way personal tax is collected in the UK, you would really hate Gib's where the tax rate drops to 5% for folks who earn over a million a year. https://en.wikipedia.org/wiki/Taxation_in_Gibraltar

    You may yet see the operators all up sticks and move to Malta post Brexit, to remain in the EU...
     
  7. gassor

    gassor There may be more posts after this.

    There are far too many bookies shops esp in less well off areas where they are often concentrated.

    The max bet at one time on fixed odds gaming machines should be cut to £2 from £10.

    Bookies are making a staggering £34 million a week from ‘crack cocaine’ (fixed odds) gambling machines in betting shops after a surge in profits.

    Gambling is far from being a working class problem as a quick survey of friends will show. At least half of my male friends bet regularly.

    It is easier to hide gambling problems (until they get completely out of control) than drink or drug problems.

    If I had the power I would close down every bookie in the country.
     
  8. Nic Robinson

    Nic Robinson Moderator

    And me.
     
  9. Bob McC

    Bob McC Living the life of Riley

    The only people I know who bet regularly on the gee gees or played poker on line or for real were middle class and well heeled.
    One even gave up a job as head of department in a secondary school to play poker professionally.
    He was back teaching within 2 years though!
     
  10. farfromthesun

    farfromthesun pfm Member

    I bet on the weekend TV racing and the major jumps festivals (Cheltenham, Aintree, etc).

    I always go into the shop and don't have any online accounts. I love to watch the racing anyway, particularly the jumps and having done so for years am generally able to pay for my weekend beers and train ticket to work with the proceeds.

    I have, however, seen people lose 10k on a dog race - in some ways that type of experience goes a long way to keeping my own betting in check.
     
  11. Cav

    Cav pfm Member

    "am generally able to pay for my weekend beers and train ticket to work with the proceeds." So you generally win? Why are you not a millionaire?
     
  12. wacko

    wacko pfm Member

    The Jimmy McGovern TV series 'Broken' starring Sean Bean portrayed it very well.
     
  13. Still

    Still he said his naim was ralph

    Wanna bet?
     
  14. Tony L

    Tony L Administrator

    Post-George Osborne economy high st layout infinite loop:

    Betting shop
    Fried chicken shop
    Payday loan shop
    Charity shop
    Slot-machine shop
    Catalogue shop
    Coffee shop
    Pound shop
    Empty boarded-up shop
    [repeat]
     
  15. hifinutt

    hifinutt hifinutt

    yes HUGE amounts of adverts for gambling , its horrific
     
  16. merlin

    merlin Avatar changed - Town names deemed offensive.

    Thanks Richard,

    If that happens they should be blocked from operating in the UK. I find it offensive that people can profit from the UK economy without paying their dues. If the UK is to dig itself out of it's financial black hole it has to start targeting the real issues and begin to close the loopholes.

    Hammering benefits claimants is obviously not a serious attempt at this.
     
  17. Craig B

    Craig B Re:trophile

    Over here, the provincial government is the betting shop.

    What used to be the Ontario Lottery Corporation (created in 1975, aka the year Ontario sold its sole to the devil under the guise of protecting the public from illegal lotteries, including those Irish Sweeps scammers), selling jackpot draw tickets with the proceeds supposedly going to charities, became the Ontario Lottery and Gaming Corporation, after merging with Ontario Casino Corporation in 2000. The difference being that, in addition to the proceeds paying huge salaries to management and erecting an HQ that would make the heads of many Silicone Valley startups blush, better than average salaries and benefits are paid to over 8000 employees province wide (sold to the public as new jobs opportunities). And, what with new charitable donations going to gambling counselling services, what could possibly go wrong?

    It is quite ironic to read the public service signs dotting the state run casinos warning punters of the hazards of gambling addiction. IOW, it is the customers' responsibility to not get addicted to the services that are being mass advertised in bright flashing lights, even whilst 'guests' are pissing into pop bottles so that they don't have to leave 'their' slot machine for the loo. I kid you not, there are gambling nutters who've had catheters installed and will happily shite into their adult nappies rather than leave 'their' money in 'their' machine unattended for 5 minutes.

    Yes, we have 13% HST on everything bought and sold; we also have the provincial greed tax of up to 100% of one's net worth.

    What with young Master Trudeau welcoming the idea of state run pot smoking cafes, how long will it be before Ontario Lottery and Gaming Corporation starts opening knocking shops with public service signs up warning of the perils of adultery and STDs?
     
  18. gassor

    gassor There may be more posts after this.

    The only way to beat the bookies is to have detailed and/or inside knowledge of horses running or teams playing. Pure luck will not work over any length of time for most people, but can provide winnings in the short term.

    Even most professional tipsters do not make a profit in the newspapers they work for.

    https://www.sportinglife.com/racing/naps-table

    (The Guardian usually does very badly).
     
  19. suzywong

    suzywong Shifting 0s & 1s since 1968

    The whole electorate? I thought that 49% did not want to gamble away the future.
     
  20. Mullardman

    Mullardman Moderately extreme...

    Details.... !!
     

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