Sports
Seaside casinos feel the squeeze as Brits go online to gamble
British consumers are switching their business online. They certainly haven’t stopped shopping, but reports of a high street chain closing down are almost weekly news in the UK. The same phenomenon is now affecting the gambling business, as reports from the country’s top seaside resort show that punters want to log on to have a flutter.
Blackpool in Lancashire is a legendary holiday destination, for generations a favourite with working class northerners. And gambling سایت شرط بندی معتبر – in bookmakers, casinos, or arcades – was a big part of the experience for lots of visitors.
But now gambling businesses are going under in the town, and experts say that it’s because of gambling legislation and the booming growth of UK online casinos.
The Blackpool Gazette reports on October 1st that the town now only has 55 gambling business. That’s means that 20 have closed their doors since 2010.
Most of these businesses were traditional dominoqq according to the Gambling Commission’s figures. They have traditionally been most linked with sports betting (particularly horse racing), but in recent years have found a new life as hosts of fixed offs betting terminals.
These machines, most often themed around the casino game roulette, are controversial. They have been accused of fuelling gambling addiction, and recent legislation has cut the amount that can be bet on them.
Gambling industry representatives reckon the change could mean the closure of as many as 4,000 betting shops by 2020. That, they say, means up to 20,000 jobs could be lost.
While tough conditions for all retail businesses are part of the story behind these feared closures, the gambling business as a whole is booming. But it’s the fact that one third of the £13.9 billion profit the industry made in the year to September 2017 came from online gambling that tells the story.
Gambling charities are worried that it might even be becoming too easy for people to risk large amounts of money too quickly at online sites and they are campaigning for a ban on the use of credit cards at UK online casinos.
There is no doubt that online gambling is now massively visible in UK life. Almost every aspect of its visibility is also controversial.
Nine Premier League sides are sponsored by online gambling sites. In the Championship – England’s second tier of professional soccer – the figure is even higher, with 17 out of the 24 clubs carrying the name of gambling businesses.
It is illegal for these sponsors to advertise to youngsters, so youth-size shirts have to carry other businesses. The prevalence of adverts for gambling in televised soccer has also attracted the criticism of gambling charities.
The Gambling Commission, which monitors and regulates the UK gambling industry, reports that the sector continues to grow massively and is now the largest sector in the whole UK gambling industry. However, the boom may be slowing, and the industry maturing: “There are questions about whether it has now ended its embryonic growth phase and can maintain the double digit growth it has seen to date.”
Online UK casinos ae the biggest part of the industry online, with betting a close second. Together these two ways of gambling account for 96% of the industry.
So, while the boom in gambling is continuing, the switch from bricks-and-mortar business to online ones will continue to be painful for some communities.
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Honda will return to Formula 1 in a formal role from 2026 as an engine supplier to Aston Martin. Aston Martin team. The company officially quit F1 in the year 2021; however, its engines are utilized by both Red Bull teams and are known as Hondas by 2023.
Honda announced on Wednesday that the F1’s goal of reaching carbon neutrality in 2030 had been a “key factor” behind its decision to return to F1 officially.
The new rules in 2026 are expected to enhance the electrical efficiency of F1 engines.
The body governing the sport, the FIA, requires the mark to use biodegradable synthetic fuels simultaneously.
Honda Racing Corporation president Koji Watanabe has stated: “In pursuit of its aim of achieving carbon neutrality before 2030, beginning in 2026, the FIA will require to use 100percent carbon neutral fuel, and electric power will increase dramatically by 3x the amount of the regulations currently in place.
“With this massive increase in power generated by electricity, it is clear that the most critical factor in winning in F1 is a small, powerful, light and efficient motor that has a battery with high performance that can be swiftly managing the power of a high output and energy management technology.
“We believe this know-how gained from this new challenge has the potential to be applied directly to a future mass-production electric vehicle.”
What’s the reason behind Honda’s shift in strategy?
F1 has used hybrid engines since 2014. However, the new regulations will result in significant changes to their layout.
Most significant is the elimination of the MGU-H element of the hybrid system, which recuperates energy from the turbo. It also increases a substantial percentage of hybrid power that is included in the engine’s power output.
Watanabe told reporters: “Currently, the electrical energy is 20% or less compared to the internal combustion engine.
“But the new regulations require about 50% or more electrification, which moves even further toward electrification, and the technology for electrification will be helpful for us in producing vehicles in the future.
Carbon-neutral fuels, as well as their integration in the engine, the engineer said, “match with Honda’s direction.”
Watanabe stated that expanding the F1 cost cap to engine covers was also an element in his decision, as it would have made “long-term and continuous participation in F1 easier”.
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