bit.ly
sports betting Minister Tracey Crouch resigns over 'delay' to wagering crackdown
bet9ja.com
1 November 2018
sports betting minister Tracey Crouch has actually resigned over "hold-ups" to a crackdown on optimal stakes for fixed-odds wagering devices.
Chancellor Philip Hammond said in Monday's Budget that the cut in stakes from ₤ 100 to ₤ 2 would come into force in October 2019.
Ms Crouch said pushing back the date was "unjustifiable" and it might cost the lives of problem gamblers.
She tweeted: "Politicians reoccur however concepts remain with us permanently."
Prime Minister Theresa May stated she was dissatisfied Ms Crouch had resigned however there had been "no delay in bringing forward this important measure".
High stakes for fixed-odds wagering makers
' I lost ₤ 250,000 on wagering devices'
sports betting device stakes to be cut to ₤ 2
The federal government has rejected Labour declares that MPs had actually been led to believe the cut would enter force at the start of the next tax year, in April 2019. They recommended the cut had been planned to be introduced in April 2020.
But in her resignation letter, Ms Crouch stated: "Unfortunately, application of these modifications are now being postponed till October 2019 due to commitments made by others to those with signed up interests.
This Twitter post can not be displayed in your internet browser. Please make it possible for Javascript or try a various browser.View initial material on Twitter
The BBC is not responsible for the material of external websites.
Skip twitter post by Tracey Crouch
Allow Twitter content?
This short article contains material offered by Twitter. We ask for your consent before anything is packed, as they may be using cookies and other innovations. You may wish to check out Twitter's cookie policy, external and privacy policy, external before accepting. To see this content pick 'accept and continue'.
Accept and continue
The BBC is not accountable for the material of external sites.
End of twitter post by Tracey Crouch
"From the time of the statement to minimize stakes and its execution, over ₤ 1.6 bn will be lost on these machines.
"In addition, two individuals will unfortunately take their lives every day due to gambling-related problems and, for that reason as much as any other, I believe this hold-up is unjustifiable."
She included: "It is a reality of federal government that ministers should adhere to collective 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 brave" including: "May God bless her commitment to doing right."
Former foreign secretary Boris Johnson tweeted, external that she "should have substantial credit not simply for her project however for sticking up for her principles".
Fixed-odds wagering terminals produce ₤ 1.8 bn in income a year for the wagering market, according to the Gambling Commission, external, and taxes of ₤ 400m for the federal government.
Currently, people can bet approximately ₤ 100 every 20 seconds on electronic casino games such as roulette. Anti-gambling campaigners state the machines let players lose money too quickly, resulting in addiction and social, mental and monetary issues.
But bookmakers have actually alerted the cut in stakes could result in thousands of outlets closing.
In her action to Ms Crouch, the PM said the federal government had actually listened to those who desired the changes to come into impact sooner than April 2020 and "had actually agreed that the changes need to be in location within the year - by October 2019".
In his Budget on Monday, the chancellor said the change to fixed-odds stakes would come into force next October at the very same time as changes to task charged on sports betting companies based abroad but operating in the UK.
The federal government states co-ordinating the date of the 2 changes would indicate the federal government would not be hit by a fall in tax earnings.
Who is Tracey Crouch?
The 43-year-old MP has actually represented Chatham and Aylesford, in Kent, because 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 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 various Tory MPs, consisting of and David Davis before standing for election
She had her first kid 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 implicated the federal government of "capitulating to the gaming industry".
He applauded Ms Crouch's "brave and principled decision" and said Culture Secretary Jeremy Wright "should be thoroughly ashamed" of prioritising "corporate interests over victims, profits over public health and greed over excellent".
MPs from all sides of the House participated his criticism. Former Tory leader Iain Duncan Smith stated it must be talked about as part of the Finance Bill later this month.
Week ahead in Parliament: The Finance Bill
bet9ja.com
He informed the BBC: "There are plenty of individuals whose lives have been harmed by this addiction ... We need to do this extremely quickly, as quickly as we can and in the meantime, the gambling industry will make about ₤ 1bn as an outcome of this hold-up. That's not best."
Labour has actually informed the BBC that they will put down a modification to the Finance Bill to try and bring in the changes next April.
bit.ly
1
Sports Minister Tracey Crouch Resigns over 'Delay' To Betting Crackdown
wskzara6699376 edited this page 2025-01-01 01:25:09 +00:00