{"id":32931,"date":"2017-09-19T10:01:42","date_gmt":"2017-09-19T10:01:42","guid":{"rendered":"https:\/\/gaming-awards.com\/NEWS\/?p=32931"},"modified":"2017-09-19T10:01:55","modified_gmt":"2017-09-19T10:01:55","slug":"ladbrokes-ceo-believes-press-are-in-burn-the-witch-territory-with-bookies","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/ladbrokes-ceo-believes-press-are-in-burn-the-witch-territory-with-bookies\/","title":{"rendered":"Ladbrokes CEO Believes press are in &#8220;burn the witch territory&#8221; with Gambling Sector"},"content":{"rendered":"<div id=\"attachment_27629\" style=\"width: 310px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-27629\" class=\"size-medium wp-image-27629\" src=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2015\/08\/Jim-Mullen-300x178.jpg\" alt=\"\" width=\"300\" height=\"178\" srcset=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2015\/08\/Jim-Mullen-300x178.jpg 300w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2015\/08\/Jim-Mullen-320x190.jpg 320w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2015\/08\/Jim-Mullen.jpg 590w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-27629\" class=\"wp-caption-text\">Jim Mullen boss of Ladbrokes<\/p><\/div>\n<p>Jim Mullen the CEO of Ladbrokes Coral one of the largest betting companies in the UK has said in a recent conversation with the British Racing Association that the industry \u201cis now in \u2018burn the witch\u2019 territory.\u201d<\/p>\n<p>His comments come after a string of negative reporting from national press on the effects of Fixed Odds Betting Terminals (FOBTs) and the damage they are said to be doing to gamblers along with the media attacking the industries advertising practices and social responsibility standards. Most recently came the August news of 888 who were fined nearly \u00a38 million for gambling compliance failures.<\/p>\n<p>Mullen said, \u201cwe are, verging on cabbages and heads in stocks.\u201d The CEO is worried that the negative press will impact on the Government review into FOBTs this October with politicians reducing the stakes bet on the machines to show they are doing something and to keep newspapers happy, even thou no real evidence on the impact of FOBTs has been proven says Mullen.<\/p>\n<p>He stated that \u201cThe business side is if there is a cut in stakes based on no evidence, putting aside how morally incorrect that it is, then we\u2019re putting our people\u2019s jobs at risk.\u201d Mullen said previously that up to 9,000 jobs could go if there is a drastic cut in stakes bet especially in the London area.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jim Mullen the CEO of Ladbrokes Coral one of the largest betting companies in the UK has said in a recent conversation with the British Racing Association that the industry \u201cis now in \u2018burn the witch\u2019 territory.\u201d His comments come after a string of negative reporting from national press on the effects of Fixed Odds [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":32932,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,2,11,8],"tags":[],"class_list":["post-32931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-europe","category-gaming","category-headlines","category-latest"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ladbrokes CEO Believes press are in &quot;burn the witch territory&quot; 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