Ladbrokes under research over gambler’s pay day loans claim

Ladbrokes under research over gambler’s pay day loans claim

Branch staff presumably endured by as gambling addict borrowed hundreds over phone to feed fixed-odds terminal that is betting

A betting that is fixed-odds (FOBT); the federal government is considering slashing the ВЈ100 optimum stake. Photograph: David Levene/The Guardian

Final modified on Wed 3 Jan 2018 19.57 GMT

Ladbrokes has been investigated because of the Gambling Commission over an allegation that staff watched a gambling addict sign up for pay day loans to fund a huge selection of pounds of wagers on fixed-odds gambling terminals (FOBTs).

The claim, which comes given that national federal federal government considers whether or not to slash the ВЈ100 optimum stake regarding the machines, received fire from Labour and problem gambling campaigners.

Plus it prompted concern from a financial obligation counselling solution, which warned it really is seeing an upsurge in gambling addicts taking out risky loans with small regard when it comes https://badcreditloanslist.com/payday-loans-tn/ to effects.

Paul Jones, a recovering that is 39-year-old addict, told the Guardian which he twice took away high-interest payday loans by phone in the front of Ladbrokes staff at a branch in Birmingham. He stated they not merely knew he had been taking right out the loans but also went his debit card to see in the event that cash had found its way to their account.…