Solution Suggested

12/29/2008		Solution Suggested
Home History Games News Dictionary		With the land-based gambling industry throughout the United Kingdom struggling in limbo whilst Parliament legislators argue and reargue points without action, one opinion has been published recently that provides a possible solution, without the red tape of lawmaking. Executive for the British Amusement Catering Trade Association and Praesepe, Nick Harding made his opinion known last week as to just how dire the British gambling community is in need of change, and exactly what could be done about it. The article, originally found in the Times Online, accused the governments dilly-dallying of causing the loss of almost 30,000 jobs as well as dozens of land- and seaside-based casinos shutting down, unable to deal with all the restrictions and still stay above water long enough to efficiently compete with online casino competition. The Gambling Act of 2005, says Harding, has resulted in strict regulation for live casinos while no additional restraints were placed on their internet counterparts- giving internet casinos free reign to demand the patronage of gamblers. The seaside arcade districts have suffered the most, he claims. "Policymakers should be doing everything they can to ease the burden on the pay-to-play industry to secure jobs. What we are proposing provides an opportunity to stem the decline of seaside towns and prevent more businesses going to the wall. A failure to grasp this opportunity immediately would be a gross dereliction of duty." Harding’s solution seems too simple. He proposes an easy change in maximum stake prices for the games receiving the most business. By changing the maximum bet to £1 for a £70 prize, the funding could be found to save the land based casinos without a government bailout. "If we can achieve this, without any political dithering, then I am certain there will be a significant effect on virtually every sector of this industry," he says.

12/29/2008

Solution Suggested

With the land-based gambling industry throughout the United Kingdom struggling in limbo whilst Parliament legislators argue and reargue points without action, one opinion has been published recently that provides a possible solution, without the red tape of lawmaking.

Executive for the British Amusement Catering Trade Association and Praesepe, Nick Harding made his opinion known last week as to just how dire the British gambling community is in need of change, and exactly what could be done about it. The article, originally found in the Times Online, accused the governments dilly-dallying of causing the loss of almost 30,000 jobs as well as dozens of land- and seaside-based casinos shutting down, unable to deal with all the restrictions and still stay above water long enough to efficiently compete with online casino competition. The Gambling Act of 2005, says Harding, has resulted in strict regulation for live casinos while no additional restraints were placed on their internet counterparts- giving internet casinos free reign to demand the patronage of gamblers.

The seaside arcade districts have suffered the most, he claims. "Policymakers should be doing everything they can to ease the burden on the pay-to-play industry to secure jobs. What we are proposing provides an opportunity to stem the decline of seaside towns and prevent more businesses going to the wall. A failure to grasp this opportunity immediately would be a gross dereliction of duty."

Harding’s solution seems too simple. He proposes an easy change in maximum stake prices for the games receiving the most business. By changing the maximum bet to £1 for a £70 prize, the funding could be found to save the land based casinos without a government bailout. "If we can achieve this, without any political dithering, then I am certain there will be a significant effect on virtually every sector of this industry," he says.