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Gamble With the International Casinos

Even before gaming regulation passes into law, overseas operators are investing millions in casinos and UK venues can see dollar signs flashing on the one-arm bandits. Abigail Townsend asks if anything can upset the punters

Las Vegas, move over. The Government’s long-awaited overhaul of the country’s antiquated gambling laws will affect every area of gaming but, as any wannabe Donald Trump will tell you, casinos are where the big money lies.

Alongside UK operators such as Rank, Gala and Stanley Leisure – owner of the Star Casino in Birmingham, currently the UK’s biggest gaming venue – overseas businesses are aiming to cash in. The foreigners have natural advantages: big pockets, experience in more developed markets and a hunger for expansion.

Yet before they can lavish their wares on the new and improved UK market, stumbling blocks remain as the proposed Gambling Bill progresses into law. One of the biggest should be tackled later this month, when the Government publishes its response to the Scrutiny Committee’s report on the Bill. The cross-party group has expressed its concern about the development of gaming sheds hous- ing row upon row of slot machines. Members of the Committee travelled to Australia, where they have similar outlets, and were disturbed by what they saw. It all comes down to "problem gambling": people get addicted when they can chance their arm quickly and repeatedly.

Armed with this knowledge, the Committee advised limiting the amount of high-value jackpots. Large casinos, it recommended, should be allowed eight slot machines per gaming table, while at the bigger resort complexes, the total number should be capped at 1,250.

Professor Leighton Vaughan Williams is director of the betting research unit at Nottingham Trent University and gave evidence to the Committee. He says: "If a casino only had gaming machines and no tables, it would make a good profit. If it had tables and no machines, it wouldn’t. So it’s a balancing act.

Read the entire article at: Independent.co.uk 

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