bet365 boss pays herself £265 MILLION

Caporegime
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After watching the Panorama documentary that was on the other night I have now changed my mind about these gamblers.
I had no idea that these firms will ring you up and deposit money into your account to get you started again.
With one big gambler they put £10,000 into his account.
He was also a VIP so was taken to Ascot, Wembley etc where the VIP Manager acts like your best mate but encourages you to gamble.
They had a print-out of his betting and his mate who he robbed of at least £100,000 was looking at November 2nd and got to 40 pages of transactions before he gave up.

Like the Vegas hosts, they're pure sales-douchebags, though pretty open about it (aside from the fake friendship angle they have with the Whales - as if they'd still be buddies if the guy stopped gambling).

 
Soldato
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Don’t care, don’t be that guy who’s jealous.

We would all do it if we are in her shoes. It’s her company.

Exactly; it’s a non-story. If she’s paying her fair share in tax, then frankly I’m delighted. Would people rather she bugger off to a tax-haven and hide her earnings?

Gambling is a form of entertainment, not dissimilar to the alchohol or fast food industries. If people enjoy it, then fair play to them. To those that have a problem with it, I feel deeply sorry for them. But we should be pointing a finger at our government, not the product of our capitalist society. Companies like this create jobs, infrastructure and bolster our economy. Dramatically.

I do not like the premise of phoning up big betters and depositing money into their accounts to reinitiate the gambling cycle, but I’m yet to see evidence of bet365 doing this. I’d happily support legislation that ceased this practice, but it doesn’t change my view on the subject.

Do I think she should be paying her staff more, instead of taking such an obscene bonus? I can’t say, I don’t know the figures.

Besides, I doubt there are many people who wouldn’t take that sort of money if they could. The thought of what I could do for my family with a month of her salary leaves me practically salivating :D
 
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Man of Honour
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loot boxes just need to be redefined as gambling.

Stops under age purchases, and then would also get these new restrictions as well.

I don't think it would require a redefinition. More a removal of an exception. Gambling is paying money for a chance of getting something more valuable to you (but you'll probably lose money). Loot boxes are paying money for a chance of getting something more valuable to you (but you'll probably lose money). Loot boxes are gambling. They're only treated differently because they're treated as an exception.
 
Soldato
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Soldato
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John helped Denise set-up the Bet365 Foundation in August 2012 and it has donated £100 million[7] to 20 UK charities to help support projects home and abroad. Net worth US $2 billion (October 2018)[1]



 
Caporegime
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24 Oct 2012
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I see the issue of gambling addiction is getting some more traction today.

https://www.theguardian.com/society...lions-from-company-treating-gambling-addicts?

https://www.theguardian.com/society...ppeals-to-bookmakers-over-gambling-addiction?

There's a clear conflict of interest between politicians and gaming companies. It's frustrating to watch because it's really obvious that in years to come people will look back at this and wonder why we ever tolerated or encouraged it.


Good. The sooner we get rid of bookies the better. I love a bit of matched betting but even I can see the effect this addiction has on people, it's not worth it.
 
Associate
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3 Oct 2014
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Gambling companies could go further with responsible gambling.

It is only recently you can see your profit / losses from a year previous. This could be more visible on login and what is needed imo is a way to view your whole history since joining profit / loss. But you will find they don't like doing this for obvious reasons.
 
Soldato
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Good. The sooner we get rid of bookies the better. I love a bit of matched betting but even I can see the effect this addiction has on people, it's not worth it.

Whilst not the biggest dataset, i had to go to a few GA type meetings once and found most of them had just substituted one addiction for another.

It was fairly depressing hearing people talk about overcoming their addiction, whilst they then talk about playing computer games for 7 hours a night every day and how they have to do that and didn't seem to realise that was their new addiction.

I think there are underlying issues behind addicts so the fact gambling companies put money back into foundations like the above can only help people address the underlying issues.
 
Soldato
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Betting needs to go back to old skool licensed bookie offices where you could put bets on the horses and dogs etc only and no FOBT. Not all this online casino and party poker nonsense, that's where all the problems come from.
 
Caporegime
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Betting needs to go back to old skool licensed bookie offices where you could put bets on the horses and dogs etc only and no FOBT. Not all this online casino and party poker nonsense, that's where all the problems come from.

I'm not sure the problems are coming from party poker??? I agree with you re: online casinos and FOBT though...

I'd fundamentally disagree with anything trying to stop actual sports books/exchanges or online poker though. Big difference between those things and some mindless muppet spinning a roulette wheel online or on some FOBT/computer in a bookies.
 
Soldato
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I'm not sure the problems are coming from party poker??? I agree with you re: online casinos and FOBT though...

I'd fundamentally disagree with anything trying to stop actual sports books/exchanges or online poker though. Big difference between those things and some mindless muppet spinning a roulette wheel online or on some FOBT/computer in a bookies.

I just meant online poker in general not some company by the same name.
 
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