What is a FOBT?

That was the question raised last week in comments relating to our latest Guido post – “Count Snowdon and the bloodsuckers are not libertarians”.

When googling FOBT a few years ago, the top link was to Faecal Occult Blood Test, but google FOBT today, and the top link is to Fixed Odds Betting Terminals. However, unlike the former which saves lives and the NHS money, the latter ruin lives, take lives and cost the NHS money – taxpayer’s money.

Wikipedia gives the FOBT illiterate an overview but omits some key points.

  1. The bookies introduced them illegally in 1999 and operated them illegally until the Blair government, aided by a little bit of cosying up from the bookies, granted them legitimacy in 2005.
  2. The bookies called them “betting terminals” to side step legislation that prevented them from having gaming machines.
  3. There is empirical evidence that shows they have a fourfold correlation with problem gambling, above all other gambling products in the UK.
  4. Every minister involved in their legitimisation has since admitted they “got it wrong”. Including Tessa Jowell, David Blunkett and Harriet Harman – but not Blair himself of course!

When it comes to FOBTs and their massive £100 stakes and £1.7 billion of profits, the question is, how come they aren’t in Bingo Halls, Amusement Arcades and Pubs? Firstly, because Blair helped his friends at the bookies to protect their monopoly on them, but secondly and more importantly, the other sectors don’t want them.

So, should libertarians really be supporting the consequences of corporate illegal activity and a protected monopoly?

Content produced and sponsored by Stop the FOBTs




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Jeremy Corbyn:

“The blame is with the terrorists, but…”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

New Dates for Andrew Neil Interviews New Dates for Andrew Neil Interviews
Tory Lead Down 19 Points During Campaign Tory Lead Down 19 Points During Campaign
Corbyn: Foreign Policy A Cause of Manchester Attack Corbyn: Foreign Policy A Cause of Manchester Attack
Sneering Thornberry Sneering Thornberry
Ministers Wheeled Out to Defend Ditched Care Policy Ministers Wheeled Out to Defend Ditched Care Policy
Watch: Crick Roasts “Weak and Wobbly” May Watch: Crick Roasts “Weak and Wobbly” May
Protester Arrested at May Wrexham Visit Protester Arrested at May Wrexham Visit
Clegg Spinning Brexit Doom Report Clegg Spinning Brexit Doom Report
Sunday Shows Sunday Shows
Read Tory Manifesto In Full Read Tory Manifesto In Full
Green Leaders Cringe Skit Green Leaders Cringe Skit
Never Ending Tory Deficit Reduction Horizon Never Ending Tory Deficit Reduction Horizon
LibDem Collapse Explained LibDem Collapse Explained
Taxpayers’ Alliance Updates Iconic Tory Poster Taxpayers’ Alliance Updates Iconic Tory Poster
Cult of Corbyn Cult of Corbyn
“Labour is Chocolate Gateau: Too Much Makes You Sick” “Labour is Chocolate Gateau: Too Much Makes You Sick”
Labour Election Broadcast Star’s “Tax Efficient” Accounting Labour Election Broadcast Star’s “Tax Efficient” Accounting