fredag 2 september 2011

Should banks buy betting shops?

Bank regulation is in the news. Why not let the banks buy up betting shop chains? They could have counters in their branches for their customers to back dogs and horses. It would be so convenient to be able to pay for bets directly out of one's account. They could also extend their business that way with internet betting.

They could also make a lot of money by putting one-armed bandits on their premises, including those all-night places with cash machines in them - they would be much more profitable if they were run as amusement arcades.

Why not? It's a logical development from their present activities.

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