bet9ja.com
sports betting Minister Tracey Crouch resigns over 'hold-up' to sports betting crackdown
1 November 2018
sports betting minister Tracey Crouch has actually resigned over "hold-ups" to a crackdown on maximum stakes for fixed-odds wagering machines.
Chancellor Philip Hammond stated 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 could cost the lives of problem .
She tweeted: "Politicians reoccur however principles remain with us forever."
Prime Minister Theresa May stated she was disappointed Ms Crouch had actually resigned however there had been "no hold-up in bringing forward this important measure".
High stakes for fixed-odds wagering machines
' I lost ₤ 250,000 on sports betting devices'
sports betting device stakes to be cut to ₤ 2
The government has rejected Labour claims that MPs had been led to think the cut would enter into 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.
bet9ja.com
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 allow Javascript or attempt a various browser.View initial material on Twitter
The BBC is not accountable for the material of external websites.
Skip twitter post by Tracey Crouch
Allow Twitter material?
This short article includes material provided by Twitter. We request your authorization before anything is loaded, as they may be using cookies and other technologies. You may wish to check out Twitter's cookie policy, external and personal privacy policy, external before accepting. To see 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 implementation, over ₤ 1.6 bn will be lost on these machines.
"In addition, 2 people 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 government that ministers should follow collective responsibility and can not disagree with policy, not to mention when it is policy made versus your desires relating to your own portfolio."
bet9ja.com
'God bless'
Among those applauding her on social media, the Archbishop of Canterbury Justin Welby tweeted, external that she was "principled and brave" adding: "May God bless her dedication to doing right."
Former foreign secretary Boris Johnson tweeted, external that she "is worthy of huge credit not just for her campaign but for sticking up for her concepts".
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 government.
Currently, people can wager as much as ₤ 100 every 20 seconds on electronic casino games such as roulette. Anti-gambling advocates say the machines let players lose money too quickly, leading to addiction and social, psychological and monetary issues.
But bookmakers have cautioned the cut in stakes could result in thousands of outlets closing.
In her reaction to Ms Crouch, the PM said the federal government had listened to those who desired the changes to come into effect earlier than April 2020 and "had concurred that the changes must remain in location within the year - by October 2019".
In his Budget on Monday, the chancellor stated the change to fixed-odds stakes would come into force next October at the same time as changes to task charged on sports betting firms based abroad however operating in the UK.
The government says co-ordinating the date of the two changes would imply the federal government would not be hit by a fall in tax profits.
Who is Tracey Crouch?
The 43-year-old MP has actually represented Chatham and Aylesford, in Kent, since 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 competent FA coach
Grammar 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, consisting of Michael Howard and David Davis before meaning election
She had her first child in 2016 and is thought 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 gaming market".
He applauded Ms Crouch's "bold and principled decision" and stated Culture Secretary Jeremy Wright "need to be completely embarrassed" of prioritising "corporate interests over victims, revenues over public health and greed over excellent".
MPs from all sides of the House participated in his criticism. Former Tory leader Iain Duncan Smith said it ought to be gone over as part of the Finance Bill later this month.
Week ahead in Parliament: The Finance Bill
He informed the BBC: "There are a lot of individuals whose lives have been damaged by this dependency ... 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 delay. That's wrong."
Labour has actually informed the BBC that they will put down a change to the Finance Bill to attempt and generate the changes next April.
bet9ja.com
1
Sports Minister Tracey Crouch Resigns over 'Hold up' To Betting Crackdown
jeraldforce686 edited this page 3 weeks ago