UK Gambling Boom Fuels Super-Rich - Tuesday 25th of April 2006

LONDON – As reported by the Peninsula: "Britian's gambling boom has helped fuel a 20% increase in the combined wealth of the country's super-rich.

"Half of the new entries in this year's Sunday Times Rich List with fortunes of £500m or more have made their money from hosting internet gambling or owning casinos.

"Their rise is the most conspicuous of an extraordinary tripling in wealth of the country's 1,000 richest people under Labour — up to £301bn, from £99bn in the nine years since Tony Blair came to power. By contrast, average earnings have risen just 37pc, while the value of the average house in Britain has risen by 160pc or £100,000…"

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