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davieG

Gambling Addiction - Need Help, A Chat - Read This!

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If you're looking for a reason to give up gambling here's one

 

Bet365 boss earns £469m in a single year

The boss of the gambling firm Bet365 has been awarded one of the biggest pay packets in UK corporate history.

The highest paid director of Bet365 Group - believed to be founder and majority shareholder Denise Coates CBE - earned a salary of £421m in the year ending 29 March.

She also earned £48m in dividends, taking her total pay to £469m.

 

The usually low-profile Denise Coates was appointed CBE for services to the community and business in 2012
 

 

https://www.bbc.co.uk/news/business-56594988

 

 

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7 minutes ago, davieG said:

If you're looking for a reason to give up gambling here's one

 

Bet365 boss earns £469m in a single year

The boss of the gambling firm Bet365 has been awarded one of the biggest pay packets in UK corporate history.

The highest paid director of Bet365 Group - believed to be founder and majority shareholder Denise Coates CBE - earned a salary of £421m in the year ending 29 March.

She also earned £48m in dividends, taking her total pay to £469m.

 

The usually low-profile Denise Coates was appointed CBE for services to the community and business in 2012
 

 

https://www.bbc.co.uk/news/business-56594988

 

 

 

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10 minutes ago, davieG said:

If you're looking for a reason to give up gambling here's one

 

Bet365 boss earns £469m in a single year

The boss of the gambling firm Bet365 has been awarded one of the biggest pay packets in UK corporate history.

The highest paid director of Bet365 Group - believed to be founder and majority shareholder Denise Coates CBE - earned a salary of £421m in the year ending 29 March.

She also earned £48m in dividends, taking her total pay to £469m.

 

The usually low-profile Denise Coates was appointed CBE for services to the community and business in 2012
 

 

https://www.bbc.co.uk/news/business-56594988

 

 

that is staggering. 

 

A cool £ 1.25 million per DAY!

 

 

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24 minutes ago, Wymsey said:

To be fair, she's known for being very charitable to the Stoke-on-Trent area.

I know she doesn't need to but she can afford to be and I'm sure it's tax deductible. 

 

For all the charity she might do what about all the lives that are ruined by her companies excessive exploitation of vulnerable people.

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Not gonna lie, felt the urge today to bet for the first time in 6 months. Haven't done but just shows how the feeling can hit you out of nowhere. Not out of the woods yet but glad I quickly got rid of the niggle 

Edited by foxfanazer
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On 02/04/2021 at 12:20, foxfanazer said:

Not gonna lie, felt the urge today to bet for the first time in 6 months. Haven't done but just shows how the feeling can hit you out of nowhere. Not out of the woods yet but glad I quickly got rid of the niggle 

Well done for resisting mate. I think it’d be like smoking. Have one and you’re back on it again.

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https://playnpay.co.uk/uk-considers-taxing-gambling-firms-fund-addiction-programs/

 

UK Considers Taxing Gambling Firms to Fund Addiction Programs
 

Bookmakers, PayPal casinos, betting sites, poker rooms beware! Earlier this week the Department for Digital Culture, Media, and Sport received a couple of recommendations for the changes to the UK gambling laws. The two most significant changes proposed are the ban of the credit cards for online gambling and the obligatory tax on gambling companies to help fund gambling addiction treatments and programs.


These two suggestions were submitted by the British independent public policy think tank called ResPublica. They offered some interesting insight into how much gambling companies spend on gambling addiction education and research compared to other companies from different industries like drug, tobacco, and alcohol.

For example, online casinos, bookmakers, and other gambling firms are just spending £133 per person. On the other hand, drug and alcohol companies spend £377 and £385 per person respectively. This is a massive difference, hence the request for a mandatory tax of 1% of the gambling industry’s profits.

Currently, casino sites have no obligations to fund the addiction treatment programs. They just give it on a voluntary basis, which is let’s face it, not that often. The GambleAware and Citizens’ Advice charity organisations backed up the ResPublica requests.

The two charities added that they were only able to treat 8,800 addicted gamblers. This number is less than 2% of the total number of the UK gambling addicts, which is somewhere around 430,000.

Finally, the ResPublica pointed out the dangers of credit card use in online gambling. They claim that credit cards significantly increase the chances of players gambling more than they can afford.

Marc Etches, the chief executive of GambleAware, had this to say, “With 430,000 problem gamblers and a further two million adults at risk of developing a problem, GambleAware is concerned about the impact this hidden addiction has on people’s lives.”

Whether these two recommendations will come to use or not, we won’t know until the consultation ends. However, there is no doubt that the UK gambling laws need a little bit of tune-up.

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Article in the Mercury about a bloke who used his ex girlfriends details to obtain loans in their names to feed his gambling addiction. The monetary loss to them wasn't much but the judge really seemed to go for the addict and gave him a 23 month prison sentence, albeit suspended for 2 years.

 

Now these stories are becoming more and more frequent, its a sorry reminder to where addictions can take people and the depths they'll resort to. I just find it quite surprising at the sentence, maybe I'm somewhat sympathetic being a compulsive gambler myself but I've read numerous stories like this and also heard from people I've encountered face to face in my recovery who have committed similar offences or worse and I don't get the inconsistency in sentencing. For example, there have been people sent to prison for 2 years when committing fraud due to gambling for several hundred thousand pound. I also know of one case where over £1.6 million was stolen/fraudulently gained and they got 4 years. This bloke has fraudulently obtained several hundred pound off 3 different women and got 23 months? Very odd, must be more to it.

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  • 5 weeks later...
  • 2 weeks later...

I know a friend who tried everything to stop the rot...in the end he escaped the addiction by having his wages go into his partners Account. Only small amounts go into bank account and he can't gamble that because the bank blocks it.

 

He's lost some day to day autonomy but the freedom he's gained from not being addicted financially and mentally is immense

 

 

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On 18/05/2021 at 23:43, Adrian said:

I know a friend who tried everything to stop the rot...in the end he escaped the addiction by having his wages go into his partners Account. Only small amounts go into bank account and he can't gamble that because the bank blocks it.

 

He's lost some day to day autonomy but the freedom he's gained from not being addicted financially and mentally is immense

 

 

Tell your friend not to just leave it at that. Its good to put obstacles in place and they are a no brainer and essential to a compulsive gamblers recovery but it doesn't just stop at that. Handing over all responsibility is just that, it's still not actually taking action yourself and putting the hard yards in to changing your complete attitude and mentality to life. Without that it's much easier to relapse when the opportunity arises, however accidental.

 

Harness this momentum is now what your friend needs to do, leave no stone unturned on making a new and healthy way of life. 

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  • 3 weeks later...

 

The football / betting programme on C4 just now is pretty harrowing.

 

None of it is surprising, given what I've read in this thread.

 

I like a wee flutter on the game, I don't spend very much at it, but even I see that something has to change.

 

 

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On 22/05/2021 at 22:03, Ric Flair said:

Tell your friend not to just leave it at that. Its good to put obstacles in place and they are a no brainer and essential to a compulsive gamblers recovery but it doesn't just stop at that. Handing over all responsibility is just that, it's still not actually taking action yourself and putting the hard yards in to changing your complete attitude and mentality to life. Without that it's much easier to relapse when the opportunity arises, however accidental.

 

Harness this momentum is now what your friend needs to do, leave no stone unturned on making a new and healthy way of life. 

Wise words thanks 

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  • 2 weeks later...
On 01/04/2021 at 06:25, davieG said:

If you're looking for a reason to give up gambling here's one

 

Bet365 boss earns £469m in a single year

The boss of the gambling firm Bet365 has been awarded one of the biggest pay packets in UK corporate history.

The highest paid director of Bet365 Group - believed to be founder and majority shareholder Denise Coates CBE - earned a salary of £421m in the year ending 29 March.

She also earned £48m in dividends, taking her total pay to £469m.

 

The usually low-profile Denise Coates was appointed CBE for services to the community and business in 2012
 

 

https://www.bbc.co.uk/news/business-56594988

 

 

 

All from other peoples Blood, sweat, tears & suffering

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  • 3 weeks later...
On 22/05/2021 at 22:03, Ric Flair said:

Tell your friend not to just leave it at that. Its good to put obstacles in place and they are a no brainer and essential to a compulsive gamblers recovery but it doesn't just stop at that. Handing over all responsibility is just that, it's still not actually taking action yourself and putting the hard yards in to changing your complete attitude and mentality to life. Without that it's much easier to relapse when the opportunity arises, however accidental.

 

Harness this momentum is now what your friend needs to do, leave no stone unturned on making a new and healthy way of life. 

I agree with this. I have at least two addictions and have been so incredibly low. It took me four false starts before it finally clicked in me and I was owning the problem rather than looking for someone who might ultimately become an enabler.

 

For what it's worth my little piece of advice is this:

Start every day by telling yourself that you have this problem and it has owned you. Then tell yourself that you will beat it that day. This is not a self-flagellation exercise, more one of mindfulness to keep you focused and to prepare yourself for another clear and clean day. 

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  • 4 weeks later...
  • 3 weeks later...

https://www.bbc.co.uk/news/business-58300899

 

Gambling: Poorer UK towns found to have the most betting shops, study shows
By Mary-Ann Russon
Business reporter, BBC News


A fifth of all gambling premises in the UK are now located in the poorest areas of the country, new research has found.

Betting shops are 10 times more likely to be found in deprived towns than in affluent areas, according to a study by the University of Bristol.

The areas with the highest number of betting shops per capita included Glasgow, Liverpool, London and Middlesbrough, the study found.

This comes amid the government's ongoing review of the Gambling Act.

A spokesman for the Gambling Commission - which is the government body that regulates gambling - said: "Tackling gambling harm is a number one priority for the Gambling Commission.

"We will carefully consider the issues raised by any gambling-related research and any actions will be taken through the national strategy to reduce gambling harms."


Although the number has been declining in recent years, there were still more gambling sites in Britain than shops run by the big eight supermarket chains put together, said the study, which is supported by the Standard Life Foundation.

The research highlights a disproportion between the amenities available on local High Streets for people living in deprived communities, compared to the amenities available in more affluent areas.

For instance, just 10% of all food stores are located in the poorest areas, yet these places were home to as many as 34% of amusement arcades, 30% of bingo venues and 29% of adult gaming centres.

In contrast, more affluent towns and cities had a much more even spread of services like libraries and supermarkets, the research showed.

And half of UK gambling treatment centres can be found within a five-minute walk - 250 metres - of the nearest gambling premises, while nearly 10% of schools have a gambling venue within a five-minute walk - affecting 742,000 school pupils in more than 2,000 schools across the country.

"The research highlights the clear mismatch between the amenities available in 'left behind' areas, compared with those that are more affluent," said Jamie Evans, senior research associate at the University of Bristol.

"Rather than having greater access to the facilities, services and opportunities that help people to improve their lives, those in more deprived communities are disproportionately faced with choices that can often prove harmful. While the gambling industry may offer some much-needed employment in these areas, it usually takes much more than it gives, leaving a legacy of greater hardship and increased social problems."

'Local communities have so little say'
Liz and Charles Ritchie started the Gambling With Lives charity after they lost their son Jack to suicide in 2017.

They say that currently at least 500 young people die every year, having had a gambling addiction.

Liz and Charles Ritchie
image captionLiz and Charles Ritchie's son Jack took his life in 2017. He began visiting betting shops during his school lunch break at age 17
"Predatory gambling companies target the poor and the young. We know the tragic cost of this targeting - at least one death per day," Ms Ritchie told the BBC.

"Many of the young people we have lost... were enticed into gambling premises very near schools or on their bus routes home."

Mr Ritchie is concerned that the government is "putting business before lives".

"At the moment, local communities have so little say in opposing any planning," he said.

"We've been contacted by local communities who have had a terrible problem with this. People don't want betting shops."

The couple want to see local authorities and communities given much greater power to veto licences for betting shops, particularly if they are close to schools and other facilities used by young people.

However the Betting and Gaming Council stressed that betting shops and casinos have made a "huge economic contribution" to the UK.

A spokesman for the Betting and Gaming Council said: "BGC members support 119,000 jobs, generate £4.5bn in tax to pay for vital public services and contribute £7.7bn to the economy in gross value added.

"Betting shops alone employ around 46,000 people across the country, pay £1bn in tax to the Treasury as well as £60m in business rates for local councils, while casinos employ 11,000 staff and pay £500m a year in tax."

The BBC understands that the government requires gambling premises to conduct local area risk assessments and explain how they are able to mitigate the risk of underage gambling.

But Mr Evans says this is not good enough: "While gambling premises may provide jobs, we know that gambling can lead to a wide variety of financial, social and health problems, with problem gambling affecting not just the gambler themselves but many of those closest to them as well.

"These are problems which simply add to the many challenges that our most deprived communities already face."

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Just read a report on illegal gambling sites. Apparently almost half a million people are using these sites now in the UK. 

 

No surprise at all. The scatter gun approach of making problem gamblers disappear by making gambling less fun is pushing punters to these sites. Removing bonus buys, autospins and the like have zero effect. 

 

Pretty much the same as the "stake limits" imposed on the fobt's. All they've done is program an independent spin function before the £50 buys so it works out the same loss just a little slower and on roulette they've added a gamble bar before the wheel is allowed to spin. 

 

Instead of targeting the fun aspects of gambling that people enjoy, target the parts that actually harm people ffs. Every month the rtp on games gets lower and lower. They started off at 96-97%, now some in the bookies are at 88% ffs. Some online, that strachcards are a puke inducing 80%. There's a reason that games like roulette, blackjack and baccarat are the most popular, because the house edge is so small you can get some entertainment for your cash out of them. 

 

Make it so people can't be taken for everything they've got in a flash by forcing a minimum rtp%, provide support, genuine support, for the people that can't control themselves. Hell, bring in rules that say you can only gamble a % of your provable income for all I care, but pack it in with this stupid approach that you can somehow bore problem gamblers away. It's daft and accomplishes nothing. 

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https://www.leicestermercury.co.uk/news/leicester-news/plans-leicester-lottery-abandoned-over-5864711

 

 

 

Leicester City Council is set to abandon plans for a local lottery over concerns it might negatively impact the city’s poorest communities.

A report drawn up ahead of next week’s Neighbourhood Services Scrutiny meeting has seen the idea for a community lottery cast aside.

 

Leicester City Council officers say the risks of a lottery would far outweigh the benefits.

 

 

There was a concern that a lottery would be seen as an encouragement of gambling. The report added the cost of even small-scale gambling could “extract a terrible toll” on the “poorest members of our communities.”

A 2016 survey carried out in Leicester found “there were sometimes devastating consequences of gambling for individuals”.

 

It added: “For some the spending of comparatively small sums of money appeared to have had a disruptive effect on household finances. In other cases losses for some people ran into tens of thousands of pounds”

 

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8 hours ago, TamworthFoxes said:

Not wishing to be pedantic in a serious and worthwhile thread such as this but…..

surely if there is ever a thread which doesn’t need bumping it is this pinned thread which remains at the top due to being pinned.

actually that did occour to me after I posted it lol

however I think what I meant was I'm more drawn to the thread when there new activity on it so by posting it freshens it up.

 

so i certainly take your point. and who doesn't love a bit of pedantrylol

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8 hours ago, TamworthFoxes said:

Not wishing to be pedantic in a serious and worthwhile thread such as this but…..

surely if there is ever a thread which doesn’t need bumping it is this pinned thread which remains at the top due to being pinned.

The problem with Pinned topics is that if you use the "View New Posts" option you'll never see them. Plenty of posters use that option.

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