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Online Betting's Downside: UK's Poorest Suffer the Most

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Big-time concerns are popping up after a report shows how online gambling firms aren't stepping up to help out, and how it's adding pressure on the government to rethink the rules.

Yo, check this out—over 420,000 gamblers in Britain are dropping more than £2,000 each year. This isn't just chump change we're talking about; it's serious dough. And guess what? It's hitting the poorest areas the hardest. That's what the latest deep-dive report is showing us.

This report isn't just about numbers; it's shining a light on the raw deal that the most hooked gamblers are getting. And you know what's wild? The big-shot betting companies are hardly lifting a finger to stop these folks from getting burned.

With these facts hitting the streets, there's a whole lot of noise for the government to get its act together and tighten up the gambling game laws. We're talking about bringing in some hard-hitting rules, like how much cash you can bet on those online slot games that can drain your wallet with just one click, how you can help.

The brains behind this report, from NatCen and the University of Liverpool, are pointing fingers at online gaming—a whopping £4bn-a-year industry that's mostly about those virtual slot machines but also includes stuff like online bingo and casino games.

Ever thought about how much losing £2,000 a year means? It's more than what most folks pay for their home's gas and electric! And that's exactly what's happening to about 129,000 gaming customers, based on a peek at the accounts of seven gambling firms.

But hey, that's probably just the tip of the iceberg, because this info only covers like 37.5% of the UK's online gaming market.

Let me tell you about these virtual slots—the big headache here. There's around 50,000 people glued to these games for like eight whole days a year, and they're each losing about £5,000 on average. And get this: it's not just the guys cnn; ladies are getting sucked into this mess, too.

Now, here's the kicker: only 1% of the players are filling up 40% of these companies' slot revenue, each losing a mind-blowing average of £10,491. And these games? They're like magnets for addiction.

Coming back to where it hits the hardest, the report's saying that the money these companies are raking in is majorly coming from folks living in the most strapped areas—like, the poorest 20% are coughing up 25% of the industry's cash flow.

Carolyn Harris, this Labour MP who's all about cutting down gambling harm, is like, ""The industry is cashing in on people who are already strapped for cash, especially with prices on everything going through the roof pokernews. The government needs to step in, like, yesterday, to protect the vulnerable.""

And Zoë Osmond, the head honcho at GambleAware, is singing the same tune. She's warning that gambling-related harm is really hammering the poorest communities, and with the cost of living crisis, it's only going to get worse.

People are getting loud, urging the government to clamp down on online slot bets. They want it to be like the £2 cap they put on those fixed-odds betting terminals back in 2019. They're also pushing for less gambling ads. But the £10bn gambling industry? They're not having any of it and are pushing back hard against getting fenced in.

This report, which was cooked up between 2018 and 2019, really underlines how much these online gambling dens depend on just a handful of heavy-hitters. The 10% who bet over £4,568 a year? They're dishing out 79% of the moolah for these operators.

So, Matt Zarb-Cousin from Clean Up Gambling is saying, ""That's exactly why these online gambling firms are freaking out over affordability checks."" He's all about the government bringing the hammer down with stake limits and serious checks, especially to shield people from the cost of living crisis.

Now, sports betting is another beast, more popular, but the average spend is lower. Researchers think that about 290,000 sports betting accounts are losing more than £2,000 a year. And who's betting? Mostly guys, making up a whopping 94% of the nearly £5bn annual revenue.

The report's authors are pretty bummed about how the gambling industry seems to be just watching from the sidelines when players are losing big bucks.

If you're one of those high rollers dropping more than £2,000 a year, chances are just one in three got any sort of heads-up from the companies. And if you're hoping for a phone call—the most helpful type of check-in—forget about it. Less than 1% got that kind of attention.

The Betting and Gaming Council, the industry's mouthpiece, is like, ""Hey, in 2020, we hit up our customers about 5 million times to chat about safer gambling after our systems flagged something fishy.""

They're also saying that during the whole pandemic chaos, they were keeping an extra close watch and chatting with customers more than ever—and that's still happening. Plus, they've slapped deposit limits on about 5 million accounts in the last year alone.

My Personal Tricks to Keeping My Space Tidy

So, let me tell you about this time when my place was looking like a hot mess. Seriously, you'd walk in and wonder if a tornado had a party in there. It was that bad. But, hey, I'm human, and life gets wild sometimes. Anyway, I decided enough was enough. I needed to get my act together and start living like a grown-up, not like I was still in my college dorm room.

First things first, I made a rule: ""If I ain't using it, it's gotta go."" I became ruthless with clutter. You know how it is, we all have those ""I might need it one day"" items, but let's be real, that day rarely comes. So, I chucked out old magazines, that broken toaster chilling in the cupboard (why was I even keeping that?), and clothes I hadn't worn in years. It was liberating, like a weight had been lifted off my shoulders.

Then, I got smart with my space. I started putting things back where they belonged after using them. It's such a simple thing, but man, does it make a difference. No more scavenger hunts for the TV remote or my keys. And, let's talk about that junk drawer. We all have one, right? Well, I turned mine into an organized haven cbc. Every little thing got a home, and suddenly, I could actually find my scissors when I needed them. Revolutionary!

And you know what else? I made cleaning a part of my daily routine. Just like brushing my teeth, I set aside a little time each day to do a quick tidy-up. It's all about those small habits that add up to a big change. Now, I'm no longer spending my entire Sunday scrubbing floors and dusting shelves. A little here, a little there, and my place stays pretty neat. It's like magic, minus the wand and the spells.

I gotta say, sticking to these rules made my life a whole lot easier. I can actually invite friends over without doing a frantic clean-up session first. I'm telling you, if I can turn my chaotic living space into a cozy, inviting home, anyone can. You just need a bit of determination and a sprinkle of discipline. Trust me, future you will be so grateful.

Time:
Feb. 5, 2024, midnight - Feb. 5, 2024, midnight
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