In the News
What can be done about problem gambling?
1st September 2017
The issue of problem gambling imposes substantial negative externalities upon society - with the fixed odds betting terminals (FOBTs) a particular cause of concern.
Scunthorpe punters lost £20m to fixed odds betting terminals in last eight years - Scunthorpe Telegraph https://t.co/WtD601nHkF
— Scunthor.pe (@scunthor_pe) August 29, 2017
The latest report, from charity Gamble Aware, highlights the fact that the addicted gambler is spending "an average of £98 a day, place up to 90 bets and are more likely to gamble in the middle of the night, according to a new report." Read this report from the Guardian.
However, regulating the sector will prove difficult and there's a distinct possibility of government failure - and libertarians object to any intervention in this market.
Links to tweets on relevant articles on problem gambling
Reining it in https://t.co/4fTsQGOD22
— BBC World Business (@BBCWorldBiz) August 31, 2017
New @PwC_UK research shows online gambling operators can spot customers at risk of problem gambling 'in the moment' https://t.co/oNmWXVv8ON pic.twitter.com/p4sIsyrsSc
— GambleAware (@gambleawaregb) August 30, 2017
Problem gambling at night worrying https://t.co/Il3pnMxWou #mentalhealth problems can cause insomnia, & we're all more impulsive w/o sleep
— Katie Alpin (@katie_alpin) August 30, 2017
430,000 people in UK had serious gambling problem in 2015, up from 280,000 in three years https://t.co/iKzPsvZXem but Treasury makes money!
— Paul Lewis (@paullewismoney) August 25, 2017
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