UK Government does u-turn over date for implementing £2 FOBT maximum stake

UK Government does u-turn over date for implementing £2 FOBT maximum stake

By site_editor

November 15 2018: The Guardian (11/14/18) and other media report on the UK Government bowing to MP pressure over the delay to the implementation of the £2 Fixed Odd Betting Terminal maximum stake.  The cut in the maximm stake will be brought forward to April 2019 following growing rebellion amongst MPs across the political divide. 

The chancellor, Philip Hammond recently announced  in the budget that a reduction in FOBT stakes from £100 to £2 would not take effect until October 2020, following whih the sports minister, Tracey Crouch resigned.  It is reported that a delay in the implementation amounted to a £900m windfall for bookies. 

Read more on the Guardian website. 

 

 

 

Company Details

International Association of Gaming Regulators
7881 W Charleston Blvd, Suite 155
Las Vegas, NV 89117
USA

Fax: +001 (636) 277-6665

Email Contact

Twitter Feed

Interested in cutting-edge research on gambling behaviour? Jack Wilson @Jackalus from 2CV Research will be giving a… https://t.co/EkKLv6Zb0y
IAGR_ORG (5 days ago)
Have you seen our lineup of speakers at #IAGR2019? You'll hear from nearly 40 industry experts like Aisling Ní Chon… https://t.co/FPU8Foq0nU
IAGR_ORG (2 weeks ago)
Have you booked your spot for #IAGR2019? Here's a quick teaser for one of panel discussions on AI and the impact on… https://t.co/3MLpkUCG9h
IAGR_ORG (3 weeks ago)
RT @MassGamingComm: The @iagr_org has selected Boston as the host location for its Annual Conference and Members Business Meeting in 2020.…
IAGR_ORG (4 weeks ago)
So why should you attend #IAGR2019? Here's a quick message from one of our attendees at last year's event. Check… https://t.co/Ah7zYjojSi
IAGR_ORG (4 weeks ago)