Add Paddy Power Betfair Urges Decision On Fixed-odds Machines

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<br>[Paddy Power](http://knowledge.thinkingstorm.com/UserProfile/tabid/57/userId/2206638/Default.aspx) Betfair urges decision on fixed-odds makers<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>1 November 2017<br>
<br>[Betting firm](https://luqueautomoveis.com.br/index.php?page=user&action=pub_profile&id=420157) Paddy Power [Betfair](https://gogs.spbda.ru/wildarafferty) has actually expressed disappointment that a federal government review did not make a decision on fixed-odds wagering terminals.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>The firm's chief executive Breon Corcoran stated the review, released on Tuesday, failed to provide "clearness".<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>[Ministers proposed](https://gogs.spbda.ru/wildarafferty) that bets on the makers be cut from a maximum of ₤ 100 a spin to [someplace](https://pipewiki.org/wiki/index.php/User:KaleyVillarreal) between ₤ 2 and ₤ 50.<br>
<br>Mr Corcoran has previously [required](http://donghuosc.hubei.gov.cn/codes/mercedesfosdic) the stakes to be [slashed](https://gitea.gm56.ru/bertbgq6257302) to [address prevalent](https://picturegram.app/gracielaboser0) social issues.<br>
<br>Campaigners argue the electronic machines feed betting [dependencies](https://luqueautomoveis.com.br/index.php?page=user&action=pub_profile&id=420157) and can see [players lose](https://voicync.com/rolandoeleanor) large [amounts](https://x.com/YohaigNG/status/1845872747924123782) of cash very quickly.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>Some had actually hoped the [federal government](http://baylan.la.asu.edu3000/zenaidawillshi) would lower the ₤ 100 stake on Tuesday, however ministers chose instead to consult on a series of alternatives.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
<br>A great bet? The fixed-odds controversy<br>
<br>Mr Corcoran stated on Wednesday: "We have actually sought long-term certainty and clarity. Yesterday doesn't deliver that, but ideally we will get there at the next stage."<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>The [assessment](https://gitlab.ui.ac.id/kurtisstandley) closes on 23 January, but Mr Corcoran said there could be some "drift" before the government makes a final choice.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>Mr Corcoran was speaking as Paddy Power Betfair reported an 8% increase in machine gaming in the 3 months to the end of September. Group revenue increased by 9% to ₤ 440m.<br>
<br>He has actually previously composed to the [government stating](http://groszek.katowice.pl/forum/profile.php?id=214515) the stakes on fixed-odds devices should be cut to "₤ 10 or less" since the debate has ended up being "so poisonous", according to the Financial Times, [external](https://theindievibes.com/hildredswartwo).<br>
<br>The more than ₤ 1.8 bn in revenue for the industry in 2015, assisting to [support development](https://gitea.gm56.ru/bertbgq6257302) for bookmakers.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
<br>According to the government's assessment documents, external, [cutting](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) the stake to ₤ 50 would cost business ₤ 35m, but slashing it to ₤ 2 would see ₤ 639m lost over the next ten years.<br>
<br>The [Association](https://osclass-classifieds.a2hosted.com/index.php?page=user&action=pub_profile&id=188847&item_type=active&per_page=16) of British Bookmakers said on Tuesday the onus was on the [betting industry](https://gitea.gm56.ru/bertbgq6257302) to help cut problem gaming.<br>[bit.ly](https://bit.ly/AviatorGameOnlineBET9JA)
<br>Fixed-odds maximum bet 'could drop to ₤ 2'<br>
<br>Bookies brace for possible sales hit<br>
<br>31 October 2017<br>