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TOPIC: The gambling machines helping drug dealers 'turn dirty money clean'

The gambling machines helping drug dealers 'turn dirty money clean' 09 Nov 2013 17:22 #1

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Dealers talk to the Guardian about laundering drug money through fixed odds betting terminals in bookies across Britain.

LINK
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Last Edit: 09 Nov 2013 17:24 by humanspirit.
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The gambling machines helping drug dealers 'turn dirty money clean' 09 Nov 2013 18:38 #2

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That's really quite clever.

Of course, no criminalisation, no problem. Or at least you have a more manageable problem.
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The gambling machines helping drug dealers 'turn dirty money clean' 09 Nov 2013 19:33 #3

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And all those strange little amusement-arcades that opened up in every town. You only used to see them at the sea-side.
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The gambling machines helping drug dealers 'turn dirty money clean' 09 Nov 2013 20:42 #4

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feeding in £200, "a score at a time".
Out of touch? Much?
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The gambling machines helping drug dealers 'turn dirty money clean' 09 Nov 2013 23:07 #5

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Selling cocaine in 0.8g wraps, James, a dealer, says he turns over about £5,500 of drugs – of which half is profit.

Yeh go on... try that out for the money... see how good your life could become.

I was reading that fruit machines are another target for notes that get sprayed with dye in robberies.
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The gambling machines helping drug dealers 'turn dirty money clean' 10 Nov 2013 01:28 #6

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It just adds to the layer after layer of deceit in society which is bad for the psyche and is why society is the way it is.

Everything in the open is better all round for the majority of people.

Legalise all plant based drugs for a start.
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The gambling machines helping drug dealers 'turn dirty money clean' 10 Nov 2013 01:34 #7

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humanspirit wrote:
It just adds to the layer after layer of deceit in society which is bad for the psyche and is why society is the way it is.

Everything in the open is better all round for the majority of people.

Legalise all plant based drugs for a start.

Yeah, how can nature be illegal?
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The gambling machines helping drug dealers 'turn dirty money clean' 10 Nov 2013 02:33 #8

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humanspirit wrote:
It just adds to the layer after layer of deceit in society which is bad for the psyche and is why society is the way it is.
Having read the whole article, you read about the circumstances that millions of people live in and it's just shocking. Unsurprising, but shocking. Yet you can have economic correspondents stand there on the BBC and say "you've never had it so good". It's laughable.
Unemployed Jake, 28, sells marijuana on the local streets and smokes some of the profit. He recoups any losses by gambling and taking out loans at payday lenders. He points out the brown shopping arcade in Salford lined with bookmakers and loan companies. "It's the only thriving industry around here," he says.

"There are six bookmakers, one more is on its way, and five loan shops. Even if you are on JSA you can borrow money from Speedy Cash. It's the main business around here.Take dole, turn it into weed, sell them, take your profits and put them into the machines. If you win, you are quids in. If you lose, you get cash from the money shops to cover your losses. Back to dole and buying drugs. There's nothing else around here to do."
I mean, I used to live near there, so it's no surprise to me, but this just the norm in urban areas all over the country.
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Last Edit: 10 Nov 2013 02:35 by wake_up_bomb.
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The gambling machines helping drug dealers 'turn dirty money clean' 10 Nov 2013 13:56 #9

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Certainly is so in my neck of the woods, not that I've ever done it. I can understand why many do, though. I noticed yesterday that the many arcades that now make up my local High Street are also actually open 24 hrs.

Ridiculous springs to mind, but then, I don't doubt somebody has planned it all down to the last detail, unfortunately.
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The gambling machines helping drug dealers 'turn dirty money clean' 10 Nov 2013 14:06 #10

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It does make you wonder about local authorities too. In their eagerness to grant these licences, they are complicit in the fairly obvious social situations that follow. Whilst simultaneously taxing 'out' any other viable businesses that may have once existed in our poor, old town centres.

Rotten-to-the-fucking-core. The lot of 'em. Still, keep voting eh? :roll:
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Last Edit: 10 Nov 2013 14:06 by Abs.
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The gambling machines helping drug dealers 'turn dirty money clean' 10 Nov 2013 19:20 #11

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Ab Origine wrote:
It does make you wonder about local authorities too. In their eagerness to grant these licences, they are complicit in the fairly obvious social situations that follow. Whilst simultaneously taxing 'out' any other viable businesses that may have once existed in our poor, old town centres.

Rotten-to-the-fucking-core. The lot of 'em. Still, keep voting eh? :roll:
They just know that these people have no stake in the society. As I was saying the other day, you exercise no decision-making process of significance in this society, and have no influence over its institutions whatsoever. But that’s true of ‘middle-class’ people. At least the political-class and elite panders to them to some degree. If you’re at the bottom of the scale, one of the 75 people in Salford who applies for every job vacancy (and the vast majority of them are shit pay, dead end jobs, obviously) you’re just chucked overboard and your existence is swept under the carpet. The only time that you become useful or relevant is when the government wants to use you for some type of demonisation so that they can push something like workfare.

And this isn’t even close to being the most deprived area in the country. Salford isn’t even in the top ten of the hardest places in the country to get a job:

www.telegraph.co.uk/finance/jobs/7872498...r-finding-a-job.html

It’s just the norm all over the country. It’s just accepted that there’s a massive and ever increasing underclass of people who just have no hope or prospects. Their best case scenario is mindnumbing drudgery and hoping they can pay their bills at the end of the month. And probably not being able to and going to Wonga. But, hey, don’t worry because Wonga and the ‘big six’ energy bosses were ‘grilled’ by MPs at a select committee. Although five of them didn’t turn up.

People wonder why they do drugs and Bargain Booze does a roaring trade; it’s because anaesthetising yourself to reality seems the most sensible option. This would be the case anyway, but every time you turn on the TV – and increasingly in urban areas you don’t even have to turn on the TV because you live in a 24/7 advertising matrix – you’re told, quite explicitly, that you should have a flash car, massive house, live in a bourgeois area, be surrounded by perfect looking people, be jetting off to the Maldives every five minutes, etc, etc.

It’s exactly the same reason that you see mental health conditions and prescription drugs for these conditions going through the roof because being well-adjusted to such a society is a sign of illness. Of course, no-one ever assesses any of these people and considers that maybe that they’re actually responding in a perfectly natural way to their personal circumstances. The nature of the society is completely corrosive that’s why you have so many social problems, but continually people treat the symptoms not the cause because it’s good for business, and would be bad for business to do otherwise.
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The gambling machines helping drug dealers 'turn dirty money clean' 10 Nov 2013 19:52 #12

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The governments answer to this situation makes them liable for prosecution for being party to money laundering and other crimes against humanity in my view.

High street planning changes will help bookmakers, minister tells Ladbrokes
Nick Boles says in letter that government is taking action to tackle attempts by councils to block spread of betting shops.

Ministers have privately assured Britain's biggest bookmaker that attempts by councils to block the spread of betting shops would be frustrated by the coalition's controversial planning changes, despite claiming in public that the measures were intended to revitalise high streets.

Earlier this year a director of Ladbrokes, the largest betting company in the UK, wrote to the Department for Communities and Local Government (DCLG) to complain of the "unfortunate attitude" of some councils which regarded bookmakers as "unacceptable and inappropriate additions" to the high street.

In the letter, passed to the Guardian, Ladbrokes said that "some councils are now placing whatever obstacles they can in the way of our ability to obtain planning permission" for betting shops and attacked "alarming actions by unelected officials".

In response, the planning minister Nick Boles wrote back to Ladbrokes saying: "I do recognise that this can be a significant problem and we are taking action to tackle it." The letter cites new powers contained in a controversial "pro-growth" bill, which became law in summer.

However, in public the department claimed the changes were introduced to cut "red tape to make it easier to get redundant buildings in our town centres back into productive use and help increase footfall on high streets".

The new measures, introduced for a two-year period, allow shops to switch use to bookmakers without planning permission. Critics say this will simply fuel problem gambling and exacerbate crime – further blighting Britain's struggling town centres and removing any way for local residents to protest.

The Local Government Association warned the changes would result in high streets potentially "overrun with clusters of betting shops and payday loan companies" – a charge denied by the government.

However, Hilary Benn, Labour's shadow local government spokesman, who obtained the letters via a freedom of information request, said the correspondence revealed a wide gap between rhetoric and reality.

"David Cameron claimed that he would act to protect communities but these documents show that his ministers have been doing the opposite by making it more difficult for communities to stop the proliferation of betting shops and undermining the powers used by councils to force applicants for planning permission to explain the social impact of their changes."

On Friday, the Guardian revealed how criminals are using electronic gambling machines – known as fixed dodds betting terminals – to launder thousands of pounds worth of illegal profits.

Councils are increasingly concerned about the number of planning applications to open – often multiple – betting shops on high streets already "over-served" by betting shops. Only lLast week Liverpool became the first local authority in the UK to vote to ban high-speed, high-stakes gambling machines in bookmakers.

Currently, bookmakers are limited to four machines per shop. The machines are hugely lucrative, bringing in on average £900 a week in profits, so bookmakers have bypassed the restriction by opening more branches in high streets – "clustering" in poorer areas.

Ladbrokes cited the example of Manchester city council which it claimed had "taken to delaying applications by seeking an entirely unwarranted level of information". However Kevin Peel, a councillor in the city, said the government's letter "made a total mockery of the government's localism agenda".

He said: "The new measures have stopped the local community have any say in the kind of high street we want. I have 20 betting shops 15 minutes from my door. There's crime, underage gambling and police have raised the issue of money laundering. It's gone too far here."

The government denied the industry had influenced its reforms. A spokesman for the DCLG said the bill had been prepared three months before Ladbrokes contacted ministers.

Instead he said councils could apply to the government to restrict betting shops using "permitted development" powers – which the Local Government Association describes as "ineffective, inefficient and heavily bureaucratic, not least because they require a 12-month notice period before they can be used".

Ciaran O'Brien, Ladbrokes press director, said the company "does have concerns about a repeated negative narrative among certain local authorities around betting shops that is driven by a religious or moral agenda based on the misleading use of data".

A spokesman for the DCLG said, "The provisions in the growth and infrastructure bill were announced to parliament three months before the department received a letter from Ladbrokes. To suggest the government was somehow influenced by the betting industry is simply untrue."
LINK

Republic of Ireland Gov way more civilized than the scum in London.

"The legislation now being prepared will include a full ban on fixed odds betting terminals, or FOBT, as they are generally known. This ban reflects the level of concern felt by the Government at the very harmful effects of these terminals."

www.justice.ie/en/JELR/Pages/PR13000297

Also Liverpool council doing their bit.

www.theguardian.com/society/2013/nov/07/...an-gambling-machines
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Last Edit: 10 Nov 2013 20:55 by humanspirit.
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The gambling machines helping drug dealers 'turn dirty money clean' 13 Nov 2013 13:22 #13

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wake_up_bomb wrote:
Having read the whole article, you read about the circumstances that millions of people live in and it's just shocking. Unsurprising, but shocking. Yet you can have economic correspondents stand there on the BBC and say "you've never had it so good". It's laughable.
This is exactly what I meant:

www.bbc.co.uk/news/business-24926512
Bank of England governor Mark Carney says the UK recovery has "taken hold" and unemployment will fall sooner than it had forecast.

The comments came in the Bank's latest quarterly inflation report, which raised the forecast for UK economic growth this year and next.

Mr Carney has said the Bank will not consider raising interest rates until the jobless rate falls to 7% or below.

On Wednesday, the UK unemployment rate was reported at 7.6%, down from 7.8%.

The report said: "In the United Kingdom, recovery has finally taken hold. The economy is growing robustly as lifting uncertainty and thawing credit conditions start to unlock pent-up demand."

Mark Carney: "For the first time in a long time, you do not have to be an optimist to see the glass is half full".
I'm sure the 75 people applying for every job in Salford will be beside themselves with excitement.
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Last Edit: 13 Nov 2013 13:23 by wake_up_bomb.
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The gambling machines helping drug dealers 'turn dirty money clean' 13 Nov 2013 13:28 #14

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why is that guy selling coke and "laundering money" but then worrying about if he has enough money next week... surely if you have enough money that you have to clean it you wouldn't be worried where your next meal is coming from.
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The gambling machines helping drug dealers 'turn dirty money clean' 13 Nov 2013 13:38 #15

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batou wrote:
why is that guy selling coke and "laundering money" but then worrying about if he has enough money next week... surely if you have enough money that you have to clean it you wouldn't be worried where your next meal is coming from.
Maybe it's like Goodfellas, maybe he's sniffing the profits.
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The gambling machines helping drug dealers 'turn dirty money clean' 13 Nov 2013 14:02 #16

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yeah it could be lol someone check for a coke nail
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The gambling machines helping drug dealers 'turn dirty money clean' 13 Nov 2013 16:16 #17

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wake_up_bomb wrote:
]Maybe it's like Goodfellas, maybe he's sniffing the profits.

Yeah, goodfellas minus the attractive men and women, lush fashions and ace cars.
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The gambling machines helping drug dealers 'turn dirty money clean' 14 Nov 2013 17:24 #18

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So drug dealers are laundering money in the FOBT according to the Guardian :killinme:

Putting 3k into a machine to get £500 makes great sense even for a drug dealer :killinme:

The FOBT are a bookies fav because of the huge profits they make, not the huge losses they make :killinme:

But as its in the Guardian must be true eh :rofl:
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The gambling machines helping drug dealers 'turn dirty money clean' 14 Nov 2013 17:54 #19

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entrangermercenary1 wrote:
Putting 3k into a machine to get £500 makes great sense even for a drug dealer :killinme:
The few fruit machines we have here pay out 74%. £100 in £74 back out. The FOBT machines may well have an even higher percentage :dunno: But, the machines wouldn't exist with the percentage you used there because no-one would use them.
If you are pushing a fair amount of anything illicit and needing to clean the cash then you have choices. All of which will cost you a percentage. Some of which may well be less risky than others. FOBT machines being extremely low risk no? These folk are probably in a more informed position than you or I no? They probably weigh it all up and make balanced choices no?
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The gambling machines helping drug dealers 'turn dirty money clean' 14 Nov 2013 18:01 #20

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knobmeup wrote:
entrangermercenary1 wrote:
Putting 3k into a machine to get £500 makes great sense even for a drug dealer :killinme:
The few fruit machines we have here pay out 74%. £100 in £74 back out. The FOBT machines may well have an even higher percentage :dunno: But, the machines wouldn't exist with the percentage you used there because no-one would use them.
If you are pushing a fair amount of anything illicit and needing to clean the cash then you have choices. All of which will cost you a percentage. Some of which may well be less risky than others. FOBT machines being extremely low risk no? These folk are probably in a more informed position than you or I no? They probably weigh it all up and make balanced choices no?

Really :killinme:
Been with the bloke who put the 3k :D He got on the board once with rainbow riches and got £500
As for the payout percentage :killinme: go do your research again how it actually works :D And no they are not in a more informed position than me :killinme:
Why the fuck do you think there has been such an influx of high street betting shops since the terminals have come in ?
Why do you think the bookies are trying to get many more in the shops than just 4 per shop ? Oh so people can go in and get 74per cent of every pound they put in back :killinme:
It is there biggest revenue maker, just go down the local high street and pop in and see them playing, hey stand behind them and watch, no law against that, then come back and make your informed report, seems you got fuck all else to do all day :poke: :pop:

The machine may not pay out a jackpot until over 3k has been banged in, then it may pay again after another several hundred. Does not mean you get back 74 percent for every wager :killinme:
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