bet9ja.com
sports betting Minister Tracey Crouch resigns over 'delay' to wagering crackdown
1 November 2018
bet9ja.com
sports betting minister Tracey Crouch has resigned over "hold-ups" to a crackdown on optimal stakes for fixed-odds sports betting machines.
Chancellor Philip Hammond said 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 could cost the lives of issue gamblers.
She tweeted: "Politicians come and go however principles stick with us permanently."
Prime Minister Theresa May said she was dissatisfied Ms Crouch had actually resigned however there had been "no delay in bringing forward this essential step".
High stakes for fixed-odds wagering machines
' I lost ₤ 250,000 on sports betting makers'
sports betting maker stakes to be cut to ₤ 2
The federal government has denied Labour claims that MPs had actually been led to think the cut would enter force at the start of the next tax year, in April 2019. They suggested the cut had been intended to be presented in April 2020.
But in her resignation letter, Ms Crouch stated: "Unfortunately, execution of these modifications are now being postponed until October 2019 due to dedications made by others to those with signed up interests.
This Twitter post can not be shown in your internet browser. Please enable Javascript or attempt a different browser.View original content on Twitter
The BBC is not accountable for the content of external websites.
Skip twitter post by Tracey Crouch
Allow Twitter content?
This article contains material provided by Twitter. We request for your consent before anything is loaded, as they might be using cookies and other technologies. You might desire to read Twitter's cookie policy, external and personal privacy policy, external before accepting. To view this material choose 'accept and continue'.
Accept and continue
The BBC is not responsible for the material of external sites.
End of twitter post by Tracey Crouch
"From the time of the to decrease stakes and its execution, over ₤ 1.6 bn will be lost on these devices.
"In addition, 2 individuals will tragically take their lives every day due to gambling-related issues and, for that reason as much as any other, I think this hold-up is unjustifiable."
She added: "It is a fact of government that ministers need to adhere to cumulative obligation and can not disagree with policy, not to mention when it is policy made versus 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 courageous" adding: "May God bless her commitment to doing right."
Former foreign secretary Boris Johnson tweeted, external that she "deserves huge credit not simply for her campaign however for sticking up for her principles".
Fixed-odds sports betting terminals create ₤ 1.8 bn in revenue a year for the wagering industry, according to the Gambling Commission, external, and taxes of ₤ 400m for the federal government.
Currently, individuals can wager approximately ₤ 100 every 20 seconds on electronic casino video games such as roulette. Anti-gambling campaigners state the machines let gamers lose money too quickly, causing dependency and social, psychological and monetary issues.
But bookies have actually warned the cut in stakes might lead to countless outlets closing.
In her reaction to Ms Crouch, the PM stated the government had listened to those who wanted the modifications to come into result earlier than April 2020 and "had actually agreed that the modifications need to remain in location within the year - by October 2019".
In his Budget on Monday, the chancellor stated the change to fixed-odds stakes would enter force next October at the same time as modifications to duty charged on sports betting firms based abroad however running in the UK.
The government says co-ordinating the date of the two changes would indicate the federal government would not be struck by a fall in tax profits.
Who is Tracey Crouch?
The 43-year-old MP has represented Chatham and Aylesford, in Kent, because 2010
She was promoted to the front bench as sports betting minister in 2015
She is understood for her opposition to fox hunting and her love of football - she is a qualified FA coach
Grade school educated 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, consisting of Michael Howard and David Davis before standing for election
She had her very first child in 2016 and is believed to have actually been the first Tory minister to take maternity leave
But in the Commons on Thursday, Labour's deputy leader Tom Watson accused the federal government of "capitulating to the gambling industry".
He praised Ms Crouch's "brave and principled choice" and said Culture Secretary Jeremy Wright "should be thoroughly ashamed" of prioritising "business interests over victims, profits over public health and greed over excellent".
MPs from all sides of your home participated his criticism. Former Tory leader Iain Duncan Smith said it needs to be talked about as part of the Finance Bill later this month.
Week ahead in Parliament: The Finance Bill
He told the BBC: "There are plenty of individuals whose lives have been harmed by this addiction ... We need to do this very quickly, as quickly 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 an amendment to the Finance Bill to attempt and generate the modifications next April.
bit.ly
1
Sports Minister Tracey Crouch Resigns over 'Delay' To Betting Crackdown
isidrobrain37 edited this page 2025-01-02 01:17:16 +00:00