>He asked Frazer, who was overseeing the shake-up of gambling laws, to make changes that would allow casinos to offer credit lines to gamblers, including “ultra-high net worth foreign visitors” playing the tables at Les Ambassadeurs.
>This change was later included in the government’s white paper on gambling reform.
>In his letter, Davies at one stage referred to the casino’s income as “our” revenue.
>“I should also add that they are the only operator to contribute a market-leading 1% of our gross gaming yield [an industry measure roughly equivalent to revenue] to GambleAware,” he wrote.
>Asked repeatedly by the Guardian if this apparent error was the result of him reproducing material provided to him by the casino, Davies did not answer.
Just awful, casinos offering credit will just lead to spiralling debt. Last thing the country needs is gambling addiction getting worse.
2 comments
>He asked Frazer, who was overseeing the shake-up of gambling laws, to make changes that would allow casinos to offer credit lines to gamblers, including “ultra-high net worth foreign visitors” playing the tables at Les Ambassadeurs.
>This change was later included in the government’s white paper on gambling reform.
>In his letter, Davies at one stage referred to the casino’s income as “our” revenue.
>“I should also add that they are the only operator to contribute a market-leading 1% of our gross gaming yield [an industry measure roughly equivalent to revenue] to GambleAware,” he wrote.
>Asked repeatedly by the Guardian if this apparent error was the result of him reproducing material provided to him by the casino, Davies did not answer.
Just awful, casinos offering credit will just lead to spiralling debt. Last thing the country needs is gambling addiction getting worse.