Are There Any Psycho Execs in Bookies?

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Theresa May announces crack down on Executive Pay” read the headlines this week, just as disgraced former HBOS executive, Andy Hornby, pocketed a whopping £7.8 million from the newly merged Ladbroke Coral group.

That’s right, the man who knowingly mis-sold PPI to unsuspecting UK consumers for years and made millions from it, moved on to pillage and rape yet another company – and got away with it again!

But, Hornby’s multi million windfall pales into insignificance compared to that of his boss, Jim Mullen – the CEO of the new gambling conglomerate. Rumour has it that after an extensive career at Ladbrokes spanning a whole 2 years, he is set to get over £20 million despite question marks over his handling of issues concerning the rape and murder of his staff by FOBT users.

Then you’ve got the “Arthur Daley” of the bookmaking world, Fred Done – the man who linked his workers BASIC wages to his “crack cocaine machines”, then offered them pay day loans at 39.9% APR. Walk into any Betfred shop and ask punters and staff what they think of the “Bonus King” – if you are offended by expletives, cover your ears.

In September 2016, an Australian study found that about one in five corporate executives are psychopaths – roughly the same rate as among the prison population. One wonders whether the bookmaking sector needs to recruit more psychiatrists!

Content produced and sponsored by Stop the FOBTs

Nanny and Baby in Unusual Relationship

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Wanda Goldwag is the CEO of the Senet Group, funded by the bookies and acting as their advertising and responsible gambling standards watchdog. A recent complaint to the ASA about a Senet “responsible” ad succeeded and Nanny Goldwag was guilty of breaching the standards she was hired to uphold!

Malcolm George is the CEO of the Association of British Babies (ABB) representing the bookmakers. He spoke at an Institute of Economic Affairs (IEA) co-sponsored event at Tory Conference and was heard crying that the Panorama program on FOBTs had victimized him! This event was covered in the last issue of Private Eye as FOBT ODDITIES on page 12.

At another recent event, a debate on “Does Britain have a Gambling Problem?”, Baby George was assisted yet again by the IEA with Mark Littlewood touting his usual virus of “freedom of the individual” to be screwed by corporations.

Baby George was hired by the ABB for his Labour contacts when they thought that Labour would win in 2015. Michael Dugher MP, for a while shadow Labour DCMS with gambling responsibility, had previously worked in the private sector for Baby George.

Baby George has been spotted in Westminster with his pants on fire. Did Nanny Goldwag offer a nice big wet Senet nappy as a “political firebreak”?

Now that the DCMS is holding a “Call for evidence review into gaming machines and social responsibility measures” will Nanny and Baby both be wetting themselves? Will the evidence show that the Senet Group is a sham and that Baby is controlling Nanny?

Content produced and sponsored by Stop the FOBTs

IEA LAUNCHES £50,000 PRIZE

The Institute of Economic Affairs has just launched the Richard Koch Breakthrough Prize.

First prize of £50,000 will be awarded to the best and most innovative entry outlining a ‘Free-Market Breakthrough’ policy to tackle poverty in the UK.

There will be runner up prizes of £7,500 each, and a student prize of £2,500. Judging panel includes former Liberal Democrat MP Jeremy Browne (chair) and the Rt Hon Iain Duncan Smith.

The deadline for entries is Monday, 9 January 2017.

To learn more about the Richard Koch Breakthrough Prize and the entry requirements, click here – and watch the video below!

Paddy Power Paying Out On Hillary Win

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This gutsy call sees one of Europe’s largest betting companies put their neck on the line for over $1,000,000. Prior to paying out, the former First Lady’s odds fell to a low 2/11 (84.6 per cent chance of winning) and over the past week Paddy Power have seen a flood of money on Clinton.

Guido’s Paddy Power bookie says:

‘Trump gave it a hell of a shot going from a rank outsider to the Republican candidate but the recent flood of revelations have halted his momentum and his chances now look as patchy as his tan. Recent betting trends have shown one way traffic for Hillary and punters seemed to have called it 100 per cent correct. Despite Trump’s Make America Great Again message appealing to many disillusioned voters, it looks as though America are going to put a woman in the White House.

Should Trump upset the odds and win it will trigger the biggest political payout in bookmaking history and leave Paddy Power with some very expensive egg on its face. They are still taking other US election bets

Check the small print on the bet terms here.

Return of the Blair? You must be Jokering!

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Blair justified the 2005 Gambling Act with his comment “You can gamble your mortgage away on putting money on a horse or, you know, take a bet on the election”. No mortgages lost on Tony’s multimillion pound high streets though!

Go to Swindon and poker is played illegally in pubs at stakes in excess of those permitted under the Act and that’s because the corporations were not interested in operating poker clubs in 2005. They were too busy lobbying for remote gambling, FOBTs and super casinos.

Pub poker players report high levels of addictive behaviour with cash-loss factors being peer pressure (the winners don’t want the losers to quit), and of course an element of cheating.

Blairs’ Act criminalised the most sociable form of gambling, resulting in weaker players getting screwed in Swindon and every other community that it is not allowed a casino with Poker on offer.

Blair thought gambling was just another financial service, so all remote sites would locate in London and import revenue whilst exporting gambling addiction.

But remote gambling anarchists wanted the lowest regulation and tax so went to offshore banana republics. Many have since joined the monkeys in Gibraltar, from where they are using the EU courts to try to avoid paying UK gambling tax related to losses from UK gamblers.     

Tessa Jowell dressed in a croupier outfit smiling behind a Gala Casino roulette wheel said “There is nothing wrong with a harmless flutter”. Just out of camera shot was Labour donor and then Gala Coral CEO, Neil Goulden, who has been the betting sector’s biggest lobbyist. And let’s not forget former Gala Coral lobbyist at the time of the Act, Phil Wilson MP – the man who replaced Blair in Sedgefield. Tony coming back – is he serious?

Content produced and sponsored by Stop the FOBTs

Mark Thompson Interviewed

Click to Listen

As Director-General, Mark Thompson led the BBC for 8 years, and is now CEO of the New York Times. In this in-depth interview, he reflects in detail on his career, and the BBC’s challenges both past and present; reveals the demands on a Brit leading an iconic American newspaper, while keeping it relevant and profitable in the digital age; and makes the case that the language of modern politics – dominated with ‘truthiness’, ‘authenticism’ and the derision of expertise – is now at odds with the public good.

“It’s superb. Heard it tonight. Best yet, amid stiff competition”  – Amol Rajan

Content produced and sponsored by Media Masters

U S OF A (HOLE), PIERS MORGAN BACKS US RYDER CUP TEAM

As if you needed another reason to get behind Europe for the Ryder Cup – Britain’s biggest motormouth Piers Morgan has revealed that he’s backing America, in a video released by Paddy Power. That’s right, Morgan loves America, and America loves him – or so he says.

With Ryder Cup fever sweeping across Europe, the nation’s most polarising public figures is supporting the States in golf’s showpiece event – thanks to the UK’s decision to leave the E.U. in this summer’s referendum. Bemoaning the Brexit vote, he says: “I voted Remain this summer, but 17 million of you inexplicably didn’t. Now we’re supposed to pretend that never happened and we’re one big happy, European family again at the Ryder Cup?”

The bookie is confident that Piers Morgan coming out swinging for America will help give punters another reason to support Europe ahead of the Ryder Cup, which starts on Friday.Piers Morgan claims:

“I owe some of my fondest memories to the mighty U S of A – judging America’s Got Talent, winning Donald Trump’s Celebrity Apprentice, having my own prime time chat show, and even being publicly reviled for questioning their gun laws. And it makes no sense, if Britain doesn’t want to be a part of the EU, why should it support Team Europe? They’ve been Trump-ed by America. I’m shooting for the USA all the way. And, hey, if my old mentor Donald Trump gets into power, maybe I’ll be back-in their living rooms every night, too.”

Paddy Power say:

“If the annoying, over-the-top cries of ‘get in the hole’ from our friends across the pond wasn’t a good enough reason to support Europe, we thought exposing Morgan as Team USA’s biggest fan would be the perfect deterrent – and help drum up more support for Team Europe.”

Count Snowdon and the Bloodsuckers are NOT Libertarians

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Christopher “Silly Count” Snowdon writes for the Institute of Economic Affairs (IEA) which purports to be a libertarian think-tank. However, it usually “thinks” the same as the business sectors which fund it, as exposed by Dark Money and Snowdon has a particular penchant for the tobacco industry!

Count Snowdon wrote “The Crack Cocaine of Gambling?” in 2013 – an attempt to debunk the media tag line and defend the bookies’ FOBTs. He resurfaced from his septic “think-tank-coffin” and re-released the same silly drivel last week. However, he’s now gone even further, describing those whose lives have been blighted by FOBT addiction as “sad sacks”.

Could this be because FOBTs were the subject of Panorama this week, explaining how they are designed to be addictive by affecting the brain? The ABB – Association of British Bookmakers (Bloodsuckers?) were not willing to be interviewed by Panorama. But they had their usual irrelevant responses. But now the new Prime Minister, Theresa May is calling time on their FOBT shenanigans.

It is not “nanny-state” to require sensible enforcement by an empowered regulator of sensible gambling regulations. Gambling should never be regarded as a “free-market” issue.

It must always be remembered that FOBTs were introduced illegally by bookies before they were regulated and the status quo rewards the bookies’ illegal conduct.

Content produced and sponsored by Stop the FOBTs

The “Crack Cocaine of Gambling” Myth

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Author Christopher Snowdon is at it again, firing back at “Britain’s nanny state” which wants to ruin our fun.

Today the Institute of Economic Affairs has published his new paper, Fixed-odds betting terminals: A briefing, which challenges the myth that gambling addiction is on the rise and that Fixed Odds Betting Terminals (FOBTs) – the so-called ‘crack cocaine of gambling’ – are to blame.[…] Read the rest

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Government at legal risk because it did not take a proper look

Cameron

It all seems a long while ago now, but there used to be a Prime Minister called David Cameron. He thought he could get a good deal from the EU, sell it as a good deal to the public and easily win a Remain vote.[…] Read the rest

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How to Reach Westminster Politicians

If you want to reach Westminster’s politicians there is a clear winner.

Talk to MessageSpace about sponsored editorial and advertising opportunities on Guido Fawkes, the website that reaches more MPs, with six times as many readers as PoliticsHome. Call MessageSpace on  020 7608 1140 or email sales@messagespace.co.uk.[…] Read the rest

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FOBT Crime, Lone Staffing, Mergers, Bonuses and the Ladbrokes CEO

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It’s has been a nerve wracking time at the Ladbrokes head office on Rayners Lane in Harrow recently.

With uncertainties around the multibillion-pound Gala Coral merger and tough negotiations on how many shops the combined group will have to grudgingly sell to their competitors, what better way to keep you going than a big fat share reward bonus.  […] Read the rest

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Not the First Time Whittingdale Has Enjoyed the “Perks of the Job” a Little Too Much!

Strip Club 3

It has been revealed that John Whittingdale and Philip Davies did not declare a night out courtesy of the Lap Dancing Association before their select committee opposed a crackdown against the spread of lap dancing clubs.

Whilst other members of the committee saw little value in the visit, Whittingdale and Davies did not pass up the opportunity for a lads’ night out to the lap dancing club “For Your Eyes Only” before heading to another club for dinner.[…] Read the rest

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Six Questions the Next Government Must Answer

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Everyone’s currently preoccupied with who will win the general election.

But, whichever party takes power, there are key economic issues that need to be addressed, says the Institute of Economic Affairs.

As part of its 2020 Vision programme of books, reports, films and events, the think tank tackled the cost of living, tax unfairness, rampant regulation and more.[…] Read the rest

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Six Questions the Next Government Must Answer

Sponsored post

 

Everyone’s currently preoccupied with who will win the general election.

But, whichever party takes power, there are key economic issues that need to be addressed, says the Institute of Economic Affairs.

As part of its 2020 Vision programme of books, reports, films and events, the think tank tackled the cost of living, tax unfairness, rampant regulation and more.[…] Read the rest

+ READ MORE +

Six Questions the Next Government Must Answer

Sponsored post

 

Everyone’s currently preoccupied with who will win the general election.

But, whichever party takes power, there are key economic issues that need to be addressed, says the Institute of Economic Affairs.

As part of its 2020 Vision programme of books, reports, films and events, the think tank tackled the cost of living, tax unfairness, rampant regulation and more.[…] Read the rest

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