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The crack cocaine of gambling? Gambling machines in the UK

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Reports


Author(s): Snowdon, Christopher

Publisher: Institute for Economic Affairs

Year Published: 2013

Date Added: September 19, 2019

Resource Type: Research report

This paper assesses the claims made about gambling machines in British betting shops, in particular ‘fixed-odds betting terminals’ (FOBTs). These machines are routinely dubbed ‘the crack cocaine of gambling’ and it is said that players can lose £18,000 in an hour. They are blamed for a rise in problem gambling and it is alleged that Britons lose £42 billion on the machines every year. It is also claimed that betting shops have proliferated as bookmakers scramble to cash in on the popularity of the machines.

This report concludes that FOBTs are not especially addictive and should not be subject to further regulation, as there has not been dramatic increase in total number of betting shops since the introduction of FOBTs in Great Britain, and there has not been a clearly significant increase in problem gambling prevalence between the 2007 and 2010 British Gambling Prevalence Surveys.


Citation: Snowdon, C. (2013). The crack cocaine of gambling? Gambling machines in the UK. London, UK: Institute for Economic Affairs. Available from: https://iea.org.uk/wp-content/uploads/2016/07/Gambling%20machines_for%20web.pdf

Keywords: Fixed Odds Betting Terminals (FOBTs) ; gambling accessibility ; gambling expenditures ; prevalence ; regulation

Topics: Gambling Exposure ; Game Types ; Information for Policy Makers ; Slots and VLTs

Conceptual Framework Factors:   Gambling Types ; Exposure - Accessibility

Geographic Coverage: United Kingdom

Source: Institute for Economic Affairs

Source Type: Think Tank

Related Resources:
  • British gambling prevalence survey 2007
  • British gambling prevalance survey 2007
  • Report: British gambling prevalence survey 2010
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