British gamblers lost a record £12.6bn last year

  • British gamblers lost a record £12.6bn last year as bookmakers took more money than ever from fixed-odds betting terminals (FOBTs).
  • Online betting accounts for a third of the losses, and a record £1.7bn was gambled away on fixed-odds betting terminals
  • Figures released by the Gambling Commission, which regulates bookmakers, casinos, online betting and lotteries, show gamblers’ losses have risen every year since April 2011.
  • The commission said gambling firms contributed £1.7bn to good causes over the year, a 2.1% increase on their contribution in the year to the end of March 2015.
  • Campaigners have called on politicians to reduce the maximum amount that can be staked on FOBTs from £100 to just £2 in an effort to limit the amount that problem gamblers can lose on them.

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@bitcoinagile: “British gamblers lost a record £12.6bn last year #bitcoin #degengamblers #REKT”


Online betting accounts for a third of the losses, and a record £1.7bn was gambled away on fixed-odds betting terminals


British gamblers lost a record £12.6bn last year