bit.ly
sports betting Minister Tracey Crouch resigns over 'hold-up' to wagering crackdown
1 November 2018
bit.ly
sports betting minister Tracey Crouch has actually resigned over "hold-ups" to a crackdown on maximum stakes for fixed-odds wagering makers.
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 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 forever."
Prime Minister Theresa May stated she was dissatisfied Ms Crouch had actually resigned however there had actually been "no hold-up in advancing this essential step".
High stakes for fixed-odds sports betting makers
' I lost ₤ 250,000 on wagering devices'
sports betting machine stakes to be cut to ₤ 2
The government has actually rejected Labour claims 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, implementation of these changes are now being delayed up until October 2019 due to dedications made by others to those with registered interests.
This Twitter post can not be displayed in your browser. Please make it possible for Javascript or attempt a different browser.View original content on Twitter
The BBC is not responsible for the content of external websites.
Skip twitter post by Tracey Crouch
Allow Twitter material?
This post includes material offered by Twitter. We ask for your consent before anything is filled, as they may be utilizing cookies and other technologies. You may wish to check out Twitter's cookie policy, external and personal privacy policy, external before accepting. To view this content pick 'accept and continue'.
Accept and continue
The BBC is not accountable for the content of external sites.
End of twitter post by Tracey Crouch
"From the time of the statement to decrease stakes and its execution, over ₤ 1.6 bn will be lost on these devices.
bet9ja.com
"In addition, two individuals will tragically take their lives every day due to gambling-related problems and, for that reason as much as any other, I think this delay is unjustifiable."
She added: "It is a truth of federal government that ministers need to adhere to collective obligation and can not disagree with policy, let alone when it is policy made versus your desires relating to your own portfolio."
'God bless'
Among those applauding her on social media, the Archbishop of Canterbury Justin Welby tweeted, external that she was "principled and courageous" including: "May God bless her commitment to doing right."
Former foreign secretary Boris Johnson tweeted, external that she "should have big credit not just for her campaign however for sticking up for her principles".
Fixed-odds wagering terminals generate ₤ 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, individuals can wager approximately ₤ 100 every 20 seconds on electronic casino video games such as roulette. Anti-gambling advocates state the machines let players lose money too rapidly, resulting in addiction and social, mental and monetary issues.
bet9ja.com
But bookmakers have actually alerted the cut in stakes might result in thousands of outlets closing.
In her action to Ms Crouch, the PM said the government had listened to those who desired the changes to come into impact faster than April 2020 and "had agreed that the modifications should be in place within the year - by October 2019".
In his Budget on Monday, the chancellor stated the modification to fixed-odds stakes would enter into force next October at the exact same time as changes to responsibility charged on sports betting companies based abroad but operating in the UK.
The federal government says co-ordinating the date of the 2 modifications would suggest the federal government would not be hit by a fall in tax income.
Who is Tracey Crouch?
The 43-year-old MP has represented Chatham and Aylesford, in Kent, since 2010
She was promoted to the front bench as sports betting minister in 2015
She is known for her opposition to fox hunting and her love of football - she is a certified FA coach
Grade school informed at Folkestone School for Girls, she went on to get a degree in law and politics from Hull University
She had worked for different Tory MPs, including Michael Howard and David Davis before standing for election
She had her first child 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 accused the federal government of "capitulating to the gaming industry".
He applauded Ms Crouch's "courageous and principled decision" and stated Culture Secretary Jeremy Wright "must be completely embarrassed" of prioritising "corporate interests over victims, profits over public health and greed over excellent".
MPs from all sides of your home participated in his criticism. Former Tory leader Iain Duncan Smith stated it ought to be gone over as part of the Finance Bill later this month.
Week ahead in Parliament: The Finance Bill
He told the BBC: "There are plenty of people whose lives have actually been damaged by this addiction ... We require to do this extremely rapidly, as quickly as we can and in the meantime, the sports betting market will make about ₤ 1bn as an outcome of this hold-up. That's wrong."
Labour has actually told the BBC that they will put down a change to the Finance Bill to try and bring in the changes next April.
1
Sports Minister Tracey Crouch Resigns over 'Hold up' To Betting Crackdown
newtonbroussea edited this page 2024-12-31 10:05:15 +00:00