The mother of a Chingford man who died while struggling with a gambling addiction has spoken out against the business By Victoria Munro
The new MERKUR Slots in Chingford Mount (credit: MERKUR)
The opening of a fourth gambling venue in a tiny radius in Chingford has sparked concerns about the impact on vulnerable people.
This week, MERKUR Slots opened a £200,000 “entertainment centre” in Old Church Road in Chingford Mount, only a few minutes walk from three existing bookies.
The company has spent more than £10million this year opening new venues in high streets across the country and boasts that the new shop is “creating ten new local jobs”.
However, Pamela Mitchell, 72, whose son took his own life in his Chingford home in 1998 while struggling with a gambling addiction, fears the business will prey on the area’s most vulnerable.
She told the Echo: “My son stole from me twice in two years to feed his addiction to these machines. People can get so engrossed that they don’t stop playing until all their money is gone.
“When he died, he had not been at work for a month and he had drawn all his money out of his bank account. In his flat, I found a letter from a bingo hall offering him a gold membership because he was such a good customer.”
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On MERKUR’s website the company acknowledges that gambling “can cause a problem for a minority of players” and that they “aim to prevent problem gambling and underage access”.
Measures in place include requiring photo ID “to gain entry to over-18 areas” and leaflets with advice on safe gambling around the venue and in the toilets.
A MERKUR spokesperson said: “We ensure the very highest standards to deliver a safe gambling entertainment experience for all our customers. Our staff are fully trained and always on hand to lend support if customers show signs of, or feel the need to, take a break.
“We have set new standards of player protection with the launch of 360 – a programme that has been developed following close consultation with the Global Gambling Guidance Group (G4).
“Their accreditation programme helps organisations to establish a responsible gambling culture and implement initiatives that minimise the harms caused by problem gambling.”
However, Pamela said she was sceptical whether such measures would be effective, adding: “Banks help people manage their money, these places want people to come in and gamble their money away.”
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According to official Avalanche news, Ava Labs has released an all-in-one Web 3.0 Operating system called Core. The free Core browser extension would allow the users to access the full power of Web 3.0 on the Avalanche blockchain. However, as per DeFi Llama, the platform TVL is down to only $2.6 billion from its December 2021 all-time high of $13.7 billion. This drastic decrease in TVL is due to the prevailing risk-off approach in the market and the decrease in the AVAX coin price. Duo Nine is crypto educator and a seasoned technical analyst with over seven years of experience in price action trading. After buying his first Bitcoin in 2014, Duo never left this space. He also has a cool crypto community on Discord with over 5,000 members where he posts charts, opinions on the market and guides new members. Contact: Twitter | Community
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Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is – Confidence. Because it’s a new metric – it’s essential to know how it works. How do you feel about Ethereum Classic today? Vote to see results To harness the optimum potential, experts worldwide and die-hard investors of ETC have advised sticking to this currency mainly for the reasons of price escalation expectations. In fact, it has sustained momentum and consistently performed as said before till the recent cryptocurrency market crash. More importantly, even though the recent performance of Ethereum Classic has not skyrocketed, one prominent fact that emerges here that Ethereum Classic is here to stay, rise, and grow in the markets in full bloom. Check here our other cryptocurrency forecast. Now, Let us explore the ETC price prediction for the upcoming years.
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Under FEMA, Indian residents are not allowed to send funds overseas to foreign exchange brokers. Converting INR into other currencies for the purpose of trading on the Forex market is prohibited. This means that Indian traders have just a handful of options when buying or selling Forex pairs – they are allowed to trade in currency derivatives and pairs that include the rupee plus several major currencies, USD, EUR, GBP, and JPY. There are many brokerages who set themselves up as FX brokers for beginners and try to tempt traders to deal with them by offering dealer support, research and even trading signals and systems to give the trader trades – do not take this into consideration when choosing a brokerage or the best UK spread betting brokers. Our expert editorial team reviews each blog before adding them to relevant category list.
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