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Listening to the gambling industry is terrible economics | Larry Elliott8 Nov 1:00am

Listening to the gambling industry is terrible economics | Larry Elliott

The Guardian
Philip Hammond has got his sums wrong in backing jobs in bookies over fixed-odds betting terminals Philip Hammond makes an unlikely defender of the gambling industry. The chancellor is a frugal man who rather relishes his nickname of Spreadsheet Phil. He is certainly not a politician you would ever find pumping £100 a time into a fixed-odds betting terminal (FOBT) at a high street bookies. Yet,
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