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The Scourge Of Slots In The UK, And The Internet Billionaire Cashing In

High-stakes gambling machines involve billions of pounds, and prey on the destitute and unemployed. Most of the technology comes courtesy of Israeli billionaire Teddy Sagi.

Virtual roulette wheel, real debt
Virtual roulette wheel, real debt
Yoav Bornstein

LONDON — It only takes 20 seconds for the ball to spin in the roulette wheel. The gambler, a twenty-something man, is sitting on a tall chair holding a wad of cash. The ball stops, and the young man has lost. He bets again, and 20 seconds later has lost again. Within exactly two minutes, he has spent 60 pounds, and walks out of England’s largest casino.

This casino is big, but far from fancy. In fact, it’s divided into 9,000 small branches, or betting kiosks, spread across the United Kingdom. The typical kiosk is a narrow room with an entrance from the street. It accommodates a cashier and four touchscreens — the maximum legally allowed for virtual roulettes of this kind.

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A Pride flag is flown at the 12th Barcelona Pride parade.

Welcome to Worldcrunch’s LGBTQ+ International. We bring you up-to-speed each week on the latest news on everything LGBTQ+ — a topic that you may follow closely at home, but can now see from different places and perspectives around the world. Discover the latest news from all corners of the planet. All in one smooth scroll!

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