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

Don't leave it too late to book your place at #IAGR2019. Here's Julian Hoskins @JulianHoskins8 from Senet Legal, gi… https://t.co/V7JltYj1j3
IAGR_ORG (3 days ago)
Ever wondered how big data could be used to reduce gambling harm? Liv Røthe from the Norwegian Gaming Authority wil… https://t.co/7aRzu8K2gM
IAGR_ORG (2 weeks ago)
Interested in how tech can be used to reduce and prevent gambling harm? John Dalzell, Chair of the NSW Responsible… https://t.co/rX7cPH7E09
IAGR_ORG (3 weeks ago)
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 weeks 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 (6 weeks ago)