A look at online and smartphone gambling in the UK, legalized in 2005, as bettors lost £14B+ in four of the past five years and concerns about addiction rise
On an August morning in 2016, Stewart Kenny, the co-founder of Paddy Power, was struggling to keep his emotions in check …
“About 400 suicides — or around 8% of all suicides — in England are estimated to be linked to gambling each year, while it disrupts the lives of many more through broken marriages, bankruptcy, homelessness, and crime.” https://twitter.com/...
Brilliant work from @GavinFinchBBG and @harrynwilson and @annjychoi — well worth a read, really gets to the bottom of this disaster https://www.bloomberg.com/...
If a cocaine dealer said “when the fun stops, stop” they would be ridiculed. UK politicians, many of whom are wined and dined by the gambling industry, are quick to defend those who lobby them. https://twitter.com/... https://twitter.com/...
Online slot machines are now the dominant form of gambling in the UK. An ex-gambling exec who sounded the alarm 6 years ago speaks out: https://www.bloomberg.com/...
Epic @GavinFinchBBG @harrynwilson @annjychoi story on how Britain opened the door to online gambling, leading to an epidemic of addiction Remarkable details of how the gambling lobbyists always win And how top politicians are bankrolled by bookies: https://www.bloomberg.com/... h…