Peter Shilton Slams EFL Gambling Deal That Sees Clubs Use Fans Losses
England legend Peter Shilton has condemned the EFL gambling deal which saw clubs make profits from their own fans' gambling losses, as Forest Green Rovers owner Dale Vince called on football to kick its gambling habit for good.
So this scheme seems quite egregious but I'm not sure it's any different to taking the corporate shilling of a gambling company and sticking their brand Pkv games in front of their fans to encourage loss-making activity.
In two of the three other states where the government has found the operator of an established casino unfit for a licence, it has allowed the company to keep taking bets under supervision. The third, home to Star's Sydney casino, is yet to make a decision.
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Annie Ashton, whose husband Luke took his own life after struggling with a gambling addiction which started through football, wrote in The Guardian last week: ‘It's almost unbelievable: clubs are encouraging their own fans to gamble and then the same clubs cash in when they lose.
Shilton said: ‘I've said for quite a while that football has an unhealthy relationship with gambling in terms of sponsorship. It seem football clubs were taking the money instead of looking after their fans.
Shilton, who won 125 caps for England, captained his country and won two European Cups and the league title with Nottingham Forest, spent much of his life battling a gambling addiction and now campaigns against the saturation of gambling ads in football.
Genting "can offer the Macau government whatever they expressly said they wanted," versus the incumbents who have predominantly focused on Chinese VIPs, said Samuel Yin Shao Yang, an analyst at Maybank.
"We have in black and white some damning findings about how this company has operated, how they dealt with the regulator, and their obligations to act in the public interest clearly were not taken seriously," she told reporters on Thursday.
‘I know the clubs are desperate for money but they seem to find it for astronomical wages.
It's about value and football needs to look at itself. Gambling ruins lies there is one suicide a day men and women people getting addicted.' A Public Health England report from September 2021 cited 409 suicides a year linked to gambling addiction.
"Macau has been told over and over again to focus less on Chinese VIPs and more on non-gaming but they pretty much paid lip service to that idea. So now... they have to really make a hard divert to that philosophy," Yin said.
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The inquiry found the company had a culture of "not being truthful with the regulator, not taking their responsibilities around gambling harm and money laundering as seriously as they should," she said.
"As a consequence, some of the business that was drawn in placed the casinos at real jeopardy of infiltration by persons whom The Star had reason to suspect were likely to have been involved in criminality," Mr Gotterson wrote.
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It would cause "far too much disruption" if any of the six operators were replaced, said Terry Ng, an analyst at Daiwa in Hong Kong, although other industry watchers note the incumbents have left themselves vulnerable to an operator like Genting which lost out on a Macau licence in 2002.
"The two Star casinos presently carrying on business in Queensland (Star Gold Coast and Treasury Brisbane) have been operated in a way that is inconsistent with the achievement of the objectives of the Casino Control Act," the report said.
SYDNEY, Oct 6 (Reuters) - Australia's Queensland state declared casino operator Star Entertainment Ltd unsuitable for a gambling licence on Thursday after an inquiry found it concealed illegal Chinese wagering payments and lured problem gamblers from interstate.
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"They have a strong chance to topple one of the incumbents...and Genting would have been encouraged to come in. With their background it makes a lot of sense," said Ben Lee, founder of Macau gaming consultancy IGamiX.
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