bit.ly
sports betting Minister Tracey Crouch resigns over 'delay' to sports betting crackdown
1 November 2018
sports betting minister Tracey Crouch has actually resigned over "delays" to a crackdown on optimal stakes for fixed-odds wagering devices.
bit.ly
Chancellor Philip Hammond stated in Monday's Budget that the cut in stakes from ₤ 100 to ₤ 2 would come into force in October 2019.
bet9ja.com
Ms Crouch said pushing back the date was "unjustifiable" and it could cost the lives of issue gamblers.
She tweeted: "Politicians reoccur but principles stick with us forever."
Prime Minister Theresa May said she was dissatisfied Ms Crouch had actually resigned but there had actually been "no hold-up in advancing this crucial measure".
High stakes for fixed-odds sports betting makers
' I lost ₤ 250,000 on wagering makers'
bet9ja.com
sports betting maker stakes to be cut to ₤ 2
The government has rejected Labour declares that MPs had been led to think the cut would come into 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 changes are now being delayed until October 2019 due to dedications made by others to those with signed up interests.
This Twitter post can not be shown in your browser. Please enable Javascript or attempt a various browser.View original material on Twitter
The BBC is not accountable for the content of external websites.
Skip twitter post by Tracey Crouch
Allow Twitter material?
This post includes material offered by Twitter. We request your permission before anything is loaded, as they might be utilizing cookies and other innovations. You might desire to read Twitter's cookie policy, external and privacy policy, external before accepting. To view this material pick '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 statement to reduce stakes and its implementation, over ₤ 1.6 bn will be lost on these devices.
"In addition, two people will tragically take their lives every day due to gambling-related problems and, because of that as much as any other, I think this delay is unjustifiable."
She included: "It is a truth of government that ministers need to adhere to collective responsibility and can not disagree with policy, let alone when it is policy made against your desires associating with your own portfolio."
'God bless'
Among those applauding 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 "is worthy of big credit not simply for her campaign however for sticking up for her principles".
Fixed-odds sports betting terminals create ₤ 1.8 bn in revenue a year for the sports betting 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 campaigners state the devices let gamers lose money too rapidly, resulting in dependency and social, psychological and financial issues.
But bookmakers have warned the cut in stakes might lead to thousands of outlets closing.
In her reaction to Ms Crouch, the PM said the federal government had actually listened to those who wanted the modifications to come into effect earlier than April 2020 and "had actually concurred that the modifications should remain 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 same time as changes to task charged on gaming firms based abroad however running in the UK.
The government says co-ordinating the date of the 2 changes would indicate the government would not be hit by a fall in tax income.
Who is Tracey Crouch?
The 43-year-old MP has actually represented Chatham and Aylesford, in Kent, since 2010
bet9ja.com
She was promoted to the front bench as sports betting minister in 2015
She is known for her opposition to fox searching and her love of football - she is a competent FA coach
Grammar school educated at Folkestone School for Girls, she went on to get a degree in law and politics from Hull University
She had worked for various Tory MPs, consisting of Michael Howard and David Davis before representing election
She had her very first child in 2016 and is believed to have been the first Tory minister to take maternity leave
But in the Commons on Thursday, Labour's deputy leader Tom Watson accused the government of "capitulating to the sports betting market".
He applauded Ms Crouch's "bold and principled decision" and said 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 your home took part 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
bit.ly
He the BBC: "There are plenty of individuals whose lives have been harmed by this dependency ... We need to do this very rapidly, as rapidly as we can and in the meantime, the gaming industry will make about ₤ 1bn as a result of this hold-up. That's wrong."
Labour has told the BBC that they will put down a modification to the Finance Bill to try and generate the changes next April.
1
Sports Minister Tracey Crouch Resigns over 'Hold-up' To Betting Crackdown
marshakent1723 edited this page 2024-12-18 09:53:15 +00:00