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by rorylawless
1 day ago
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Before leaving Britain, I lived in an area that had a ~50% poverty rate. The number of betting shops, small and large brands, just on the local high street alone was ridiculous. It reduced somewhat as gambling has moved online, however there is clearly still money to be made in bricks and mortar gambling. |
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Betting shops have begun to disappear not just because of moving online, but because regulations have finally limited the pernicious power of the fixed-odds betting terminal (FOBT). They were so disgustingly, vampirically profitable they were reason alone to open betting shops in small premises; two members of staff and four FOBTs and any small shop rakes it in. Now they finally do not make enough profit for that to be worth it.
Oddly, betting shops aren't in any planning categories and AFAIK never have been, so whenever you see one, it was specifically and individually approved. Which should tell you a thing or two about the uncomfortable overlap between small-scale commercial landlords and councillors.