More than £40bn was wagered on high-speed, high-stakes gambling machines from April 2011 to March 2012 according to estimates. Get the data by parliamentary constituency
• Get the data
• More data journalism and data visualisations from the Guardian
The latest figures show that more than £40bn was staked on high-speed, high-stakes gambling machines with northern, urban cities and London boroughs with high levels of unemployment last year bearing the brunt.
These figures have proved contentious with bookmakers complaining that in fact it is fairer to focus on bookie’s profits of just £1.4bn. However the £40bn is an indication of the “activity and engagement” punters have on the machines say campaigners.
Adrian Parkinson, who worked for the Tote, was involved with launching fixed odds betting terminals (FOBTs) from 1999 until 2008, worked out the figures using a survey commissioned by Fairer Gambling and industry data. The huge sums involved, he says, are down to fixed-odds betting terminals which bring high-speed, high-stakes casino gambling to the high street.
His most recent analysis is based on the financial period April 2011 to March 2012. According to the Gambling Commission, based on data provided by bookmakers, there were 33,284 FOBTs located across the UK in betting shops.
The declared Gross Gambling Yield (gross profit) from on FOBTs was
£1.42bn in 2012. Therefore the average weekly profit per FOBT was £825, up from £760 in 2011.
Based on the declared number of operating betting shops of 9,128 the average density of FOBTs is 3.65 per shop. Regional variations in density, says Fairer Gambling, have been factored in to their analysis using data sourced from Tote Sport retail 2009.
The profit per terminal has been factored across all betting shops within each parliamentary constituency to produce the Gross Gambling Yield (GGY). Fairer Gambling point out that the actual Gross Gambling Yield achieved on FOBTs in 2011/12 was £1.42 billion “whereas our result is £1.36 billion. This difference is caused by approximately 1.8% of betting shops not being mapped by Geofutures due to postcode anomalies. This is an acceptable level of error”.
The Association of British Bookmakers claim that the data is flawed pointing out that in about ten consitituencies the numbers do not match the number of shops.
The table shows gambling data by parliamentary constituency and includes claimant count for December 2012. What can you do with this data?
Data summary
Download the data
• DATA: download the full spreadsheet
NEW! Buy our book
• Facts are Sacred: the power of data (on Kindle)
More open data
Data journalism and data visualisations from the Guardian
World government data
• Search the world’s government data with our gateway
Development and aid data
• Search the world’s global development data with our gateway
Can you do something with this data?
• Flickr Please post your visualisations and mash-ups on our Flickr group
• Contact us at data@guardian.co.uk
• Get the A-Z of data
• More at the Datastore directory
• Follow us on Twitter
• Like us on Facebook
Posted by admin | Posted on 29-01-2013
Category : Business, Stocks
Tags: apirl, durable, expected, good, highest, lifted, point, report, treasury, year, yield
The better-than-expected report on durable good lifted the 10-year Treasury yield to its highest point since Apirl 2012.
Continued here: 10-year Treasury yield tops 2%
Posted by admin | Posted on 29-01-2013
Category : Business, Stocks
Tags: apirl, durable, expected, good, highest, lifted, point, report, treasury, year, yield
The better-than-expected report on durable good lifted the 10-year Treasury yield to its highest point since Apirl 2012.
View post: 10-year Treasury yield tops 2%
Posted by admin | Posted on 05-01-2013
Category : Stocks
Tags: closing, investment, investors, lower, note, plowed, rates, safe, treasury, yield
The yield on the 10-year Treasury note is closing in on 2%, hurting investors who plowed into the safe haven investment at lower rates.
Continued here: Treasuries singe investors
Posted by admin | Posted on 29-11-2012
Category : Business, Stocks
Tags: debt, interest, investors, lowest, paid, rate, risk, yield
Investors are getting paid the lowest interest rate they’ve ever been paid to take the risk of owning high yield debt.
Here is the original post: Is the gilded age of high yield over?
Posted by admin | Posted on 23-11-2012
Category : Business, World News
Tags: arresting, continues, cutting, decline, losses, mothercare, results, sales, strategy, turnaround, yield
Mothercare says its turnaround strategy continues to yield results, cutting losses and arresting its sales decline.
Read more: Mothercare performance improves
Posted by admin | Posted on 23-10-2012
Category : Stocks
Tags: bonds, bubble, fears, flocking, income, investors, minimize, prompting, risk, seeking, yield
Investors seeking income are flocking to high-yield bonds, prompting fears of a bubble. Here’s how to minimize your risk.
See the article here: It’s time to get choosy about junk bonds