Deleting the wiki page 'Bookmakers Pull new Games After Gambling Commission Warning' cannot be undone. Continue?
bet9ja.com
Bookmakers pull new games after Gambling Commission warning
2 April 2019
Two leading UK bookmakers have actually pulled brand-new high stakes betting video games after a caution from the Gambling Commission.
Paddy Power and Betfred faced criticism their roulette-style games weakened brand-new guidelines on fixed-odds betting.
The maximum stake on fixed-odds wagering terminals was this week cut from ₤ 100 to ₤ 2, and the regulator warned against any efforts to prevent the guidelines.
bet9ja.com
Betfred stated it wanted more talks with the commission, while Paddy Power said its video game was only a limited trial.
bit.ly
The ₤ 2 cap on fixed-odds betting terminals (FOBTs) was advised by the Gambling Commission in March last year and is backed by the government as part of efforts to reduce gambling-related harm.
The Betfred video game two bicyclists on a screen in stores racing on a velodrome track with numbers on it. When the yohaig code bicyclist at the yohaig code rear captures the one in front, the number they are on is the winning number.
bit.ly
The numbers are 1 to 36, matching those on a live roulette wheel, and other bets can be placed on odd or perhaps numbers, colours, rows and columns. Customers might wager approximately ₤ 500.
bit.ly
Paddy Power's video game, with an optimum stake of ₤ 100 - the level before this promotion code week's FOBT rule-change - also involved banking on numbers between 1 and 36.
bet9ja.com
A Paddy Power spokesperson said: "This game was presented as part of a brief trial in a choice of shops. The trial was stopped within 24 hours of beginning and this promotion code item will not be launched across our estate."
Act responsibly
Ahead of the commission's intervention, both firms drew fire from critics. Shadow culture minister Tom Watson explained them as "FOBTs through the back entrance".
bit.ly
Tracey Crouch MP, who resigned as sports minister over the delay in cutting FOBT stakes, said any attempt prevent today's modifications to the maximum stakes "would be morally reckless".
In a declaration on Tuesday, Richard Watson, executive director for enforcement at the commission, stated: "We have been definitely clear with operators about our expectations to act properly following the stake cut execution today.
bet9ja.com
"We have told operators to take down new items which undermine the modifications, and we will examine any other products that are not within the spirit and objective of the new rules."He said that a 3rd bookmaker that was poised to introduce a comparable product to those at Paddy Power and Betfred had been warned against doing so.
bit.ly
A Betfred spokesperson said: "We removed the virtual biking video game and all associated marketing at 10.30 am today after discussions with the Gambling Commission."
bit.ly
Bookmakers cautioned over fixed-odds stake cut
30 March 2019
Most bars 'don't stop children betting'
15 November 2018
Deleting the wiki page 'Bookmakers Pull new Games After Gambling Commission Warning' cannot be undone. Continue?