SBC News Voice of the Sports Betting Industry
The Scottish National Party (SNP) has called for further regulation regarding Fixed Odds Betting Terminals (FOBT’s) in the UK. The political party who are rallying for the independence of Scotland from the UK, reported that £4.4 billion (€5.3 billion/$7.4 billion) had been wagered FOBT’s in 2013, raising concerns on problem gambling in Scotland.
SNP politician Stuart McMillan raised supported for lowering staking levels on FOBT machines from £100 to £2. The Scottish politician stated “As things stand at the moment it is possible to blow £100 on a 20 second spin. That’s £300 in a minute – or £18,000 in an hour – so it is little wonder that FOBTs have become known as the ‘crack cocaine of gambling’.
McMillian is currently a leading figure regarding the debate of fairer gambling in Scotland and the SNP’s stance on the subject matter. McMillian has held numerous meetings with government officials to discuss further regulation on Scottish gambling.
“Sensible regulation is needed immediately and I support the Fairer Gambling Campaign’s call to reduce maximum bet on FOBTs from £100 to £2.
“Speaking with former gamblers and hearing of their experiences with FOBTs has been a real eye opener to me. But it has also been encouraging to hear how they have managed to transform their lives by seeking help to overcome their addiction.
