Twenty seconds. That's all it takes to spin a digital roulette wheel. Twenty seconds and you're on the road to financial ruin, relationship breakdown and despair. These pernicious machines are destroying the lives of the poorest in society. Gamblers can bet £100 per stake on fixed odds betting terminals (FOBTs) whereas fruit machines have a limit of only £2. When you're on the minimum wage, £100 is a lot to lose. These high stakes make FOBTs a major source of profit for the industry and it's why I want their use curbed. Many addiction charities and MPs agree... Imagine my disbelief then to discover the Government won't act.
Ladbrokes, one of the UK's oldest and most established bookmakers, recently introduced a new betting service that allows fresher's to bet on their own final degree classification. The new service, which is available now at Ladbrokers.com, covers odds for any fresher's degree classification in any of the UK's top 20 Universities.
Bookmakers across Britain are joining forces to combat the scourge of problem gambling, or so the script goes at least. The formation of the P3 Group is seen by more cynical observers as just the latest, desperate attempt by the bookies to stave off a growing avalanche of pressure to better police the gambling industry.
Over recent years, social networking giant Facebook has become a truly global phenomenon. Many of us now use the site on a daily basis for networking with friends, updating statuses, uploading photos, and general entertainment. However, the social network has made it clear that it wants to branch out into other areas...
Sitting on the train, contemplating how to spend my Euro Millions winnings ahead of 2013's biggest jackpot of £157m this week, my usual pre-draw euphoria was replaced by an unfamiliar and frightening realisation: that not only my dream purchases, but even some things I take for granted, could be at risk if I didn't win.
There are others who say that arcades are the perfect antidote to gambling and that they have positive effects on the psyche of children, who go in there at a young age to grab a stuffed Eeyore on the claw machine. At an early age the noises of the arcade and an understanding of winning and losing become indoctrinated into the brain.
If you put some time aside to really understand matched betting, and get it right, there are a good number of people out there in these forums proving that they have been making the equivalent of £30 an hour, tax free. And apparently they haven't been arrested, so I thought I'd give it a go for myself (with a healthy dose of scepticism).
A man has been awarded £160,000 in compensation after a drug he took to treat Parkinson's disease turned him into a gay sex and gambling addict. ...