Ladbrokes under research over gambler’s pay day loans claim

Ladbrokes under research over gambler’s pay day loans claim

Branch staff presumably endured by as gambling addict borrowed hundreds over phone to feed fixed-odds terminal that is betting

A fixed-odds wagering terminal (FOBT); the us government is considering slashing the ВЈ100 optimum stake. Photograph: David Levene/The Guardian

A fixed-odds wagering terminal (FOBT); the us government is considering slashing the ВЈ100 optimum stake. Photograph: David Levene/The Guardian

Final modified on Wed 3 Jan 2018 19.57 GMT

Ladbrokes has been examined because of the Gambling Commission over an allegation that staff viewed a gambling addict sign up for payday advances to fund a huge selection of pounds of wagers on fixed-odds gambling terminals (FOBTs).

The claim, which comes since the federal federal federal government considers whether or not to slash the ВЈ100 optimum stake from the devices, received fire from Labour and issue gambling campaigners.

Plus it prompted concern from the financial obligation counselling solution, which warned it really is seeing an escalation in gambling addicts taking out fully dangerous loans with small respect when it comes to effects.

Paul Jones, a recovering that is 39-year-old addict, told the Guardian which he twice took away high-interest pay day loans by phone right in front of Ladbrokes staff at a branch in Birmingham. He stated they not merely knew he had been taking out fully the loans but also went their debit card to see in the event that cash had found its way to their account. Continue reading “Ladbrokes under research over gambler’s pay day loans claim”