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FOBT
(redirected from Fixed Odds Betting Terminals)

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AcronymDefinition
FOBTFecal Occult Blood Test(ing)
FOBTFixed Odds Betting Terminals
FOBTFriends of Buckden Towers (UK)
FOBTFree on Board and Trimmed (shipping)


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The proposal is understood to recommend a rollover of the 2009-10 scheme for a further three years at the current rate of ten per cent of gross profits on UK horserace betting, despite the BHA having said it would be looking for a cut from other lucrative betting shop products such as Fixed Odds Betting Terminals.
With the British Horseracing Association making noises about the levy being extended to the likes of fixed odds betting terminals - puggies to you and me - William Hill were quick to splutter their indignation about this "nonsense" situation.
A report commissioned by the state on gambling has advised Justice Minister Dermot Ahern not to legalise Fixed Odds Betting Terminals - known as "the crack cocaine of gambling".
 
 
 
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