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They really aren't.
So the gamblers are putting "...an estimated £392,690,480" into fixed odds gaming machines. However, only £12 million is going to the bookies. That's about 3% of that amount which means that the remaining £380 million is paid out in winnings. Which represents about £25 per Bradfordian.
When will journalists learn maths?
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1 comment:
The figures don't pass the sniff test for me. £392m from 371 machines. Just over £1m/machine/year. That's a lot of money going into the machines, even if a lot is coming out too.
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