Harringay, Haringey - So Good they Spelt it Twice!
FOBTs used to launder drug money.
Today's Guardian, a long article telling what we already knew?
I had suggested this previously but was told it couldn't happen as the betting machines don't take cash - this explains how it works. Well who'd have thought it?
Replies to This Discussion
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Permalink Reply by michaelw on
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Very generous of the Government to let the betting industry get a slice of the money laundering business.
What's the chance of this government tightening the rules - or maybe just banning the FOBTs, which other countries have done?
Then again, I think betting companies may be generous donors....
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Permalink Reply by pamish on
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There is a campaign to reduce the maximum stake on the FOBTs to, say, £2. That would nail most of the problems. It's £200 (?) at the mo.
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Permalink Reply by John McMullan on
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Fine the stake is £200 but you can load them up with a lot more cash than that, even from a debit card.
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The betting machines are loaded, so is the whole industry, and so is this nasty, corrupt government.
http://www.theguardian.com/society/2013/nov/10/planning-law-changes...
Earlier this year a director of Ladbrokes, the largest betting company in the UK, wrote to the Department for Communities and Local Government (DCLG) to complain of the "unfortunate attitude" of some councils which regarded bookmakers as "unacceptable and inappropriate additions" to the high street.
In the letter, passed to the Guardian, Ladbrokes said that "some councils are now placing whatever obstacles they can in the way of our ability to obtain planning permission" for betting shops and attacked "alarming actions by unelected officials".
In response, the planning minister Nick Boles wrote back to Ladbrokes saying: "I do recognise that this can be a significant problem and we are taking action to tackle it." The letter cites new powers contained in a controversial "pro-growth" bill, which became law in summer.
Ladbrokes complain about "alarming actions by unelected officials", do they mean elected councillors? Thats rich seeing that their friends in the Conservative Party are wrecking all of our services and received only 36% of the vote (that is of people who actually voted), and have no mandate for their pro business privatisation policies. They are all feeding from the same trough!
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