Bet365 risks driving families into financial ruin

Gambling sites are keen to stress they promote ‘responsible' gambling, and Tamsin's heavy spending — one bank statement reveals 16 payments of bets totalling £1,595 to the same site in a single day last month — attracted the attention of one site's ‘customer care' department. The BGC, which represents betting shops, online betting and gaming, bingo and casinos, said it has made the move despite a fall in advertising spend and the volume of TV sport and casino adverts falling up to 10%. These betters also deposited close to a fifth less, as much as £1,020 per year - although the study authors warned they could not rule out that this finding was down to chance due to the limited sample size. Another £25,000 was in her account within minutes and she started betting up to £5,000 a time until, in July 2016, after spending the mortgage money from the joint account she shared with her partner, she finally broke down. Carolyn Harris MP, the Labour chairman of the all-party parliamentary group on gambling related harm, said: 'Bet365 risks driving families into financial ruin by offering customers ridiculous and unaffordable deposit limits. `In addition, bet365 uses behavioural monitoring & algorithms, interventions and affordability checks, to further reduce the risk of unaffordable gambling - importantly, these bet365 protections are in place irrespective of, and override where appropriate, any deposit limits or other controls set by customers themselves. If you want to find out more information on เครดิตฟรี กดรับเอง 188 visit our own page. Her salary was also 699 times more than Bet365 donated to GambleAware, a charity working to reduce gambling harm in the UK, under the industry's 'voluntary levy' system. Mrs Coates' £469million paypacket for 2019/20 was a 45 per cent rise on the previous year and more than every FTSE 100 chief executive put together. New tax, no worries  Licensed and regulated by the Northern Territory Racing Commission in Darwin, one of the complaints by retail betting outlets about Sportsbet and other online betting agencies is the Territory's modest $1million per annual licensing fee, which is capped. And yet it only employs about 700 people in Australia, representing just five per cent of its total international workforce of 14,500. While licensed in Darwin, most of its Australian staff work from headquarters in Melbourne. Bet365 said: 'Since the report was published, Bet365 has continued to introduce developments and enhancements to its industry-leading safer gambling strategy and practises, and the change regarding deposit limits referred to is scheduled to be implemented in the coming months. Experts believe gambling affects the brain in the same way as drugs and alcohol, releasing the mood-boosting hormone oxytocin and chemical dopamine. Add exploitative advertising campaigns and it's little wonder so many get hooked. Mr Dugher said: "From day one of this crisis, we have sought to protect customers potentially at risk, including announcing stepping up safer gambling measures as part of our 10 pledges for Covid-19 in March.


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