bet9ja.com
sports betting Minister Tracey Crouch resigns over 'hold-up' to sports betting crackdown
bet9ja.com
1 November 2018
bit.ly
sports betting minister Tracey Crouch has actually resigned over "hold-ups" to a crackdown on optimal 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 said pushing back the date was "unjustifiable" and it could cost the lives of problem gamblers.
She tweeted: "Politicians reoccur but concepts stay with us forever."
Prime Minister Theresa May said she was disappointed Ms Crouch had resigned however there had been "no hold-up 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 that MPs had been led to believe the cut would enter force at the start of the next tax year, in April 2019. They suggested the cut had actually been meant to be presented in April 2020.
But in her resignation letter, Ms Crouch said: "Unfortunately, implementation of these modifications are now being delayed 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 enable Javascript or attempt a various browser.View initial material on Twitter
The BBC is not accountable for the content of external websites.
Skip twitter post by Tracey Crouch
Allow Twitter content?
This short article contains material supplied by Twitter. We ask for your permission before anything is loaded, as they might be utilizing cookies and other innovations. You may wish to check out Twitter's cookie policy, external and personal privacy policy, external before accepting. To see this material select 'accept and continue'.
Accept and continue
The BBC is not responsible for the content of external websites.
End of twitter post by Tracey Crouch
"From the time of the announcement to reduce stakes and its implementation, over ₤ 1.6 bn will be lost on these makers.
"In addition, 2 individuals will unfortunately take their lives every day due to gambling-related problems and, because of that as much as any other, I think this hold-up is unjustifiable."
She added: "It is a truth of federal government that ministers need to stick to collective obligation and can not disagree with policy, not to mention when it is policy made versus your desires relating to 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 dedication to doing right."
Former foreign secretary Boris Johnson tweeted, external that she "deserves huge credit not simply for her campaign but for sticking up for her concepts".
Fixed-odds wagering terminals create ₤ 1.8 bn in profits a year for the wagering industry, according to the Gambling Commission, external, and taxes of ₤ 400m for the government.
Currently, people can wager up to ₤ 100 every 20 seconds on electronic casino games such as live roulette. Anti-gambling campaigners say the machines let players lose cash too rapidly, causing dependency and social, psychological and monetary problems.
But bookies have actually cautioned the cut in stakes could lead to thousands of outlets closing.
In her reaction to Ms Crouch, the PM said the government had actually listened to those who wanted the changes to come into result quicker than April 2020 and "had actually concurred that the modifications should be in location within the year - by October 2019".
In his Budget on Monday, the chancellor stated the change to fixed-odds stakes would enter into force next October at the very same time as modifications to responsibility charged on gaming firms based abroad however operating in the UK.
The government says co-ordinating the date of the two changes would imply the 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, given that 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 competent 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 numerous Tory MPs, including Michael Howard and David Davis before meaning election
She had her very 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 implicated the government of "capitulating to the gambling industry".
He praised Ms Crouch's "brave and principled choice" and stated Culture Secretary Jeremy Wright "need to 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 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 dependency ... We need to do this very quickly, as quickly as we can and in the meantime, the gambling industry will make about ₤ 1bn as a result of this delay. That's wrong."
Labour has actually told the BBC that they will put down an amendment to the Finance Bill to attempt and bring in the changes next April.
bet9ja.com
1
Sports Minister Tracey Crouch Resigns over 'Hold-up' To Betting Crackdown
lorenadunford edited this page 2024-12-18 14:48:40 +00:00