High-stakes gambling machines 'suck money from poorest communities'

More than £5bn was gambled on high-speed, high-stakes gambling machines in northern England cities and London boroughs with high levels of stagnation final year – 4 times a volume gamble in richer farming areas in southern England where jobless numbers are low, according to an research for a Guardian.

The news reveals that in a 50 parliamentary constituencies with a top numbers of impoverished people, punters visited 1,251 betting shops and put £5.6bn into 4,454 supposed bound contingency betting terminals (FOBTs). By comparison, a 50 constituencies with a lowest levels of stagnation had usually 287 betting shops and 1,045 terminals, and saw £1.4bn gambled final year.

The figures, constructed for Fairer Gambling – a

Read full article: http://online.wsj.com/article/SB10001424127887324894104578109000926531558.html

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Source:
http://www.ezonearticle.com/2013/01/04/high-stakes-gambling-machines-suck-money-from-poorest-communities/