Economics has absolutely nothing to do with it.And you obviously don’t pay attention to economics.
Economics has absolutely nothing to do with it.And you obviously don’t pay attention to economics.
In principle I agree if a grown adult wants to piss their money away on horse racing or the dogs good luck to them. Likewise if you want to spend your weekend in a pub from Dawn till dusk, your choice.Guess it’s just me that has no issues with drinks and betting companies being required to tell us to drink or gamble responsibly then and leaving it at that. Both are only allowed to sell and market their wares to adults, not sure why we have to go any further lengths. I don’t believe either should be society’s moral arbiters.
I felt no sympathy for Merson at all. Bloke has lost £7m, I agree with him that he’s a **** for that and him having a cry on screen doesn’t change that for me.
Do you mind me asking how did you do it?I definitely had a gambling addiction in my early adulthood. Probably lost 3-5 grand over a few years. Got myself banned from online gambling, instantly changed my life and turned around my financial situation. Wish more people would do that.
Yeah this is my problem with Merson and his tears. He's been crying for over 25 years.Hmmm. Didn't he write his book "Rock Bottom" in 1995? Seems he didn't quite hit the bottom 26 years ago.
Do you mind me asking how did you do it?
I have a friend who's life it has destroyed, I've known alcoholics and drug addicts but none caused the damage this guys addiction did. The shame was when I first moved to London he was a brilliant pal, I literally had no clue how far in the hole he was. As of today we are not even sure where he is anymore. 3 year old daughter who he hasn't seen in over a year.
My bet365 account informed me today...However there is a level of sophistication to gambling advertising and recruitment that makes me uneasy add to the fact it is difficult to spot how deep someone is in until they are truly fucked, it is a poison that comes sugar coated.
He never as a good word to say about our club and I couldn't care about him.CTIDI agree he’s a **** of the highest order, can’t stomach the fucker
Everything is economics. Great book about that being a fact called Freakonomics.Economics has absolutely nothing to do with it.
5% doesn't sound like a lot does it...
https://www.finder.com/uk/gambling-statistics
According to this, pretty much 50% of the population have gambled in the last 4 weeks and 20% of British people say they have gambled at least twice in the last week.
So using the second of those stats approx 12M people have gambled a couple of times in the last week, of those 5% have a problem. Thats conservatively 600,000 people that have a problem with gambling. Over half a million people.
Sounds like a quite serious issue to me.
I wonder what the cost to society is?
Meanwhile Bet365 made £660 Million on turnover of £2.86B in 18/19
Interesting symetry there, 600K > 660M
I know this is simplistic but lets say the sociatal cost of maintaining 600K problem gambler is £1000 per year per gambler... which probably covers a few lost work days, maybe a visit or 2 to the doctor.
There you go, society pays £600M which goes straight to Bet365, they paid just over 100M in Tax and the Chief Exec took £421M as remuneration.
But hey, she did give £10M to the NHS during Covid... thats about 0.25% of her pay (and is tax deductable)... what a hero