The UK National Centre for Social Research today released the long awaited results of the UK Gambling Prevalence Survey 2007 and, contrary to hysterical media speculation, there has been no significant change in UK gambling habits since the last survey in 1999. Many had speculated that the prevalence of internet gambling since …
"Overall, Brits viewed gambling as something of a sin"
Funny I've never thought of it as such. I have however thought of going in to a Bookies as being a highly unappealing trip due to the smell, decor, and rather unfriendly looking people in there. But with no smoking, and many Bookies sprucing themselves up they offer more of a middle of the road appeal. (Tbh I've placed one bet and that was as a nice little gesture for the wife. - I bet on Argentina winning the last World Cup.....the wife is Argentinian.)
Casino's however are the more refined, more polite side of gambling, (as many people see it.) But the whole process of having to sign up, come with 10 billion pieces of information to prove who you are, and the higher stakes tend to put people off.
...that more people bet on the gee-gees than play slots.
Tax on stupidity
Author Robert Heinlein once referred to gambling as "A tax on the mathematically impaired" I tend to agree.
Title, maybe generic, maybe not
It's good that the government waited until after the survey came out before putting the new gabling act into the statute books.
Oh, hang on.
Does the % include traders (read: investors) in stocks, currencies, futures, options, etc?
Or do we draw a distinction between investment and gambling based on, erm, them being different, hell yes!?
I mean, it's not like the value of your property / stock price can fall as well as rise, is it?