bit.ly
sports betting Minister Tracey Crouch resigns over ‘delay’ to wagering crackdown

1 November 2018
bet9ja.com
sports betting minister Tracey Crouch has actually resigned over “delays” to a crackdown on optimal stakes for fixed-odds wagering machines.

Chancellor Philip Hammond stated in Monday’s Budget that the cut in stakes from ₤ 100 to ₤ 2 would enter into force in October 2019.

Ms Crouch stated pushing back the date was “unjustifiable” and it might cost the lives of problem bettors.

She tweeted: “Politicians reoccur however concepts remain with us forever.”

Prime Minister Theresa May said she was disappointed Ms Crouch had actually resigned but there had been “no hold-up in advancing this essential step”.

High stakes for fixed-odds wagering machines

’ I lost ₤ 250,000 on wagering devices’

sports betting maker stakes to be cut to ₤ 2

The government has rejected Labour declares that MPs had been led to believe the cut would enter into force at the start of the next tax year, in April 2019. They recommended the cut had been meant to be presented in April 2020.

But in her resignation letter, Ms Crouch stated: “Unfortunately, execution of these modifications are now being delayed up until October 2019 due to commitments made by others to those with registered interests.
bet9ja.com
This Twitter post can not be displayed in your internet browser. Please make it possible for Javascript or try a various browser.View initial material on Twitter The BBC is not accountable for the material of external sites.

Skip twitter post by Tracey Crouch

Allow Twitter content?

This article includes material supplied by Twitter. We request your approval before anything is loaded, as they may be utilizing cookies and other innovations. You might wish to read Twitter’s cookie policy, external and privacy policy, external before accepting. To see this content select ‘accept and continue’.

Accept and continue

The BBC is not accountable for the material of external sites.
bet9ja.com
End of twitter post by Tracey Crouch
bit.ly
“From the time of the statement to reduce stakes and its implementation, over ₤ 1.6 bn will be lost on these makers.

“In addition, 2 people will unfortunately take their lives every day due to gambling-related problems and, because of that as much as any other, I think this delay is unjustifiable.”

She included: “It is a reality of government that ministers need to abide by collective responsibility and can not disagree with policy, not to mention when it is policy made against your dreams associating with your own portfolio.”

‘God bless’

Among those praising her on social networks, the Archbishop of Canterbury Justin Welby tweeted, external that she was “principled and bold” adding: “May God bless her dedication to doing right.”

Former foreign secretary Boris Johnson tweeted, external that she “deserves huge credit not simply for her project however for sticking up for her principles”.

Fixed-odds wagering terminals produce ₤ 1.8 bn in profits a year for the wagering market, according to the Gambling Commission, external, and taxes of ₤ 400m for the federal government.

Currently, people can bet up to ₤ 100 every 20 seconds on electronic casino video games such as live roulette. Anti-gambling campaigners say the devices let players lose money too quickly, resulting in addiction and social, psychological and monetary problems.

But bookmakers have alerted the cut in stakes might lead to countless outlets .

In her action to Ms Crouch, the PM stated the government had actually listened to those who desired the modifications to come into effect quicker than April 2020 and “had actually concurred that the modifications ought to be in location within the year - by October 2019”.

In his Budget on Monday, the chancellor said the modification to fixed-odds stakes would enter into force next October at the very same time as modifications to responsibility charged on sports betting companies based abroad but running in the UK.

The government says co-ordinating the date of the two modifications would mean the government would not be struck by a fall in tax income.

Who is Tracey Crouch?

The 43-year-old MP has represented Chatham and Aylesford, in Kent, considering that 2010

She was promoted to the front bench as sports betting minister in 2015
bet9ja.com
She is known for her opposition to fox hunting and her love of football - she is a certified FA coach

Grammar school informed at Folkestone School for Girls, she went on to get a degree in law and politics from Hull University

She had actually worked for different Tory MPs, including Michael Howard and David Davis before standing for election

She had her very first kid in 2016 and is believed to have been the very first Tory minister to take maternity leave

But in the Commons on Thursday, Labour’s deputy leader Tom Watson implicated the federal government of “capitulating to the sports betting market”.

He praised Ms Crouch’s “brave and principled choice” and stated Culture Secretary Jeremy Wright “must be thoroughly embarrassed” of prioritising “corporate interests over victims, earnings over public health and greed over great”.

MPs from all sides of your home participated his criticism. Former Tory leader Iain Duncan Smith stated it ought to be gone over as part of the Finance Bill later on this month.

Week ahead in Parliament: The Finance Bill

He told the BBC: “There are lots of people whose lives have actually been damaged by this addiction … We need to do this extremely rapidly, as rapidly as we can and in the meantime, the sports betting market will make about ₤ 1bn as a result of this hold-up. That’s not ideal.”

Labour has actually informed the BBC that they will put down a modification to the Finance Bill to attempt and generate the changes next April.
bet9ja.com