Alarming loses for British punters on Fixed Odds Betting Terminals

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Alarming Losses for British Punters on Fixed Odds Betting Terminals

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The figures reach an impressive £50 billion in wagers since 2008, that in conjunction with the £11 billion deficit, amounts for £8.000 in losses to the average bettor.

How does Landman Economics see FOBTs?

Around 40% of all FOBT players are considered to be "problematic bettors", with average losses of £15.000
Around 186.000 jobs may have been lost, as gambling operators do not recycle revenues at the same rate as other industries in the private sector
The Government is estimated to have lost about £1.3 billion in tax revenue

These figures have alarmed British lawmakers, who are considering implementing radical changes on the FOBT stake limit, after the coming elections.

Read our guide on sports betting in the UK.

Panos Kotsimpos

Betting Expert

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A Bit About Panos

I’m a seasoned Betting Expert with over 17 years of experience in online gambling media and marketing. Since 2008, I’ve covered everything from football and fighting sports to casino and sportsbook reviews, always focusing on accuracy, value, and player safety. I also spent four years as an Online Acquisition & Marketing Senior Specialist at one of Greece’s most prominent operators, gaining a deep understanding of player behavior, funnels, and how bookmakers really operate. My work has been featured across major iGaming outlets, including Bookmakers.bet. Having played on countless betting sites myself, I specialize in exposing scam bookmakers, identifying the trustworthy ones, and spotting real bonus value that helps bettors bet smarter and safer. And yes, I’m a huge Arsenal fan.