Published
Industry

Sports Minister quits over FOBTs delay

Tracey Crouch has resigned from government, after a decision was announced to delay a proposed reform on gambling regulations.

london

The government agreed to cut the maximum stake on fixed-odds betting terminals (FOBTs) from £100 to £2. However, it was announced this week the reduction would not be implemented until October 2019, a change Crouch expected to be made by April 2019.

She decided to tweet a picture of her resignation letter, which was sent to Prime Minister Theresa May, after calling the decision to delay the reform “unjustifiable.”

The former UK Sports Minister said: “The alignment of the stake reduction with an increase in remote gaming duty was a condition put on by the Treasury to provide fiscal neutrality but is not a technical necessity, so there is no reason why implementation cannot come in sooner than October.

“From the time of the announcement to reduce stakes and its implementation, over £1.6bn will be lost on these machines, a significant amount of which will be in our most deprived areas, including my own constituency.”

 

 

Premium+ Connections
Premium
 
Premium
 
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Nederlandse Loterij
Relax Gaming
Hoiana Resort & Golf
Tipico
Follow Us

Facing Facts: Q1 2024 analysis from across the globe

Gambling Insider tracks the Q1 results of operators across t...

Taking Stock: A guide to sports betting operator and supplier prices

Gambling Insider tracks sports betting operator and supplier...

Tailor-made: The power of personalisation in the modern gaming industry

With insights from GR8 Tech, Greentube and the Oregon Lotter...

Sportradar and the Taiwan Sports Lottery: More offerings, greater efficiency

Danny Fok, VP of Strategic Projects at Sportradar, speaks al...