The founder of Paddy Power Betfair Stewart Kenny has spoken out against fixed-odds betting terminals (FOBTs), frequently dubbed the “crack cocaine” of gambling. In 2009, Stewart Kenny warned the Irish Government about the great danger presented by FOBTs, on which people can gamble £100 every 20 seconds.
“There is no public demand, other than from sections of the betting industry, for FOBTs to be legalised in Ireland. It is in no one’s interest, neither betting shop customers nor wider society … Let us learn from the mistake in the UK of allowing them into betting offices. Once they are in it is impossible to get rid of them or even curb their more addictive elements,” he wrote.
Currently, there is debate in Ireland about the legalization of fixed-odds betting terminals . Although the government refrained from taking of any decision.