Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

Hi, what are you looking for?

slide 3 of 2
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Breaking News

Breaking News

Charity fears cost-of-living increase UK gambling issues.

A man sits at a fixed odds betting terminal in a betting shop in London, Britain October 31, 2017. R... A man sits at a fixed odds betting terminal in a betting shop in London, Britain October 31, 2017. REUTERS/Peter Nicholls
A man sits at a fixed odds betting terminal in a betting shop in London, Britain October 31, 2017. R... A man sits at a fixed odds betting terminal in a betting shop in London, Britain October 31, 2017. REUTERS/Peter Nicholls

Listen to the article now

As the cost-of-living crisis worsens, a charity said on Wednesday some British gamblers had utilized betting shops to stay warm and gambled their state benefits to pay their bills.

GamCare, which helps gamblers, found that they were more likely than the average population to struggle with food and heating.

After British authorities fined William Hill a record 19.2 million pounds ($23.7 million) for failing to safeguard consumers and curb money laundering, YouGov polled over 4,000 people.

“We are still seeing a fraction of individuals who are struck the hardest by the cost-of-living issue gravitating towards gaming to soothe their money problems,” said GamCare chief executive Anna Hemmings.

20% of gamblers have trouble buying groceries, compared to 11% of the population, according to YouGov.

16% went to public venues to avoid heating, compared to 5% of the population.

The government has tried to combat gambling addiction in recent years by regulating terminal stakes and outlawing credit card bets.

On Monday, the Gambling Commission reported additional William Hill failures. For example, one client dropped 14,900 pounds in 70 minutes and spent 23,000 pounds in 20 minutes without checks.

GamCare announced a new Money Advice Program to assist gamblers in reclaiming their finances.


Comment Template

You May Also Like

Business

Cricut Unveils New Crafting Machines: Faster, Cheaper, and More Accurate On February 27, 2025, Cricut, the beloved brand known for its innovative crafting machines,...

Business

**Excerpt:** Apple has unveiled a suite of new child safety features aimed at giving parents greater control over their kids’ app usage. Announced on...

Business

**Excerpt from "The Evolution of Legacy Media: Why It’s Not Dead Yet"** In a world dominated by digital platforms and instant news, Evan Leatherwood,...

Business

**Excerpt:** On February 27, 2025, newly confirmed FBI Director Kash Patel unveiled a groundbreaking proposal: a partnership between the FBI and the Ultimate Fighting...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok