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Conservative MP for Hexham Guy Opperman, whose constituency saw the least spent on the machines and also has the lowest number of people claiming job seekers allowance in the region, said he was concerned by the new trend in gambling
A pound to a shilling someone from the last goverment give the Bookies a little nudge a few years ago what areas to go for. |
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quick sums, plenty noughts, but looks right, uk betting shops 8000, 4 FOBTS per shop, each shop gets £4000 per week .
8000x£4000=£32,000,000 per week x 52= £1,664,000,000 per year profit this profit represents 2.72% of turnover. cant even work out what FOBT annual turnover is |
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bet you wish you had held on to your shop barry
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Wait till baldy has about 10-20 FOBT's at the racetrack and then the screaming will really start.
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That isn't permitted so won't happen.
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barry... the actual machine play stakes not money inserted must be around a £100K per shop per week
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There was already machines in Ladbrokes at Lingfield when i was last there.
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That is because the area where the machines are is licensed as a normal Ladbrokes betting shop and can have 4 machines as is the case at Wolves as well.
The racecourse licence doesn't allow the racecourses to have machines themselves. Having said that a few more tracks might follow suit when the 20% tax comes in as it makes them viable for all racecourses then. |
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At least they aren't addictive. Good job the Gambling Commission checked into it.
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It would bother me more if they looked into online betting as I suspect it would not be a pretty outcome.
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