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sports betting Minister Tracey Crouch resigns over 'hold-up' to wagering crackdown
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1 November 2018
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sports betting minister Tracey Crouch has actually resigned over "hold-ups" to a crackdown on maximum stakes for fixed-odds wagering makers.
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 stated pushing back the date was "unjustifiable" and it might cost the lives of problem gamblers.
She tweeted: "Politicians reoccur but concepts stick with us forever."
Prime Minister Theresa May said she was disappointed Ms Crouch had actually resigned however there had actually been "no delay in advancing this important procedure".
High stakes for fixed-odds sports betting makers
' I lost ₤ 250,000 on wagering makers'
sports betting machine stakes to be cut to ₤ 2
The federal government has actually rejected 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 suggested the cut had actually been intended to be presented in April 2020.
But in her resignation letter, Ms Crouch stated: "Unfortunately, implementation of these modifications are now being postponed up until October 2019 due to dedications made by others to those with signed up interests.
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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 devices.
"In addition, 2 individuals will tragically take their lives every day due to gambling-related issues and, because of that as much as any other, I think this hold-up is unjustifiable."
She included: "It is a truth of federal government that ministers should comply with collective responsibility and can not disagree with policy, not to mention when it is policy made against your dreams relating to your own portfolio."
'God bless'
Among those applauding her on social media, the Archbishop of Canterbury Justin Welby tweeted, external that she was "principled and courageous" adding: "May God bless her commitment to doing right."
Former foreign secretary Boris Johnson tweeted, external that she "deserves substantial credit not simply for her campaign however for sticking up for her concepts".
Fixed-odds wagering terminals generate ₤ 1.8 bn in income a year for the sports betting industry, according to the Gambling Commission, external, and taxes of ₤ 400m for the government.
Currently, people can bet approximately ₤ 100 every 20 seconds on electronic gambling establishment video games such as live roulette. Anti-gambling campaigners say the makers let gamers lose cash too quickly, resulting in addiction and social, mental and monetary issues.
But bookmakers have actually alerted the cut in stakes could lead to thousands of outlets closing.
In her action to Ms Crouch, the PM said the federal government had actually listened to those who wanted the changes to come into effect faster than April 2020 and "had concurred that the changes need to remain in place within the year - by October 2019".
In his Budget on Monday, the chancellor stated the change to fixed-odds stakes would enter force next October at the same time as changes to duty charged on gambling firms based abroad but operating in the UK.
The federal government says co-ordinating the date of the two modifications would indicate the federal government would not be struck by a fall in tax earnings.
Who is Tracey Crouch?
The 43-year-old MP has represented Chatham and Aylesford, in Kent, considering 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 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 Michael Howard and David Davis before standing for election
She had her very 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 accused the federal government of "capitulating to the gaming market".
He praised Ms Crouch's "brave and principled decision" and said Culture Secretary Jeremy Wright "ought to be completely embarrassed" of prioritising "business interests over victims, earnings over public health and greed over excellent".
MPs from all sides of your house signed up with in his criticism. Former Tory leader Iain Duncan Smith said it should be discussed as part of the Finance Bill later this month.
Week ahead in Parliament: The Finance Bill
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He informed the BBC: "There are a lot of people whose lives have actually been damaged by this addiction ... We need to do this very rapidly, as quickly as we can and in the meantime, the sports betting market will make about ₤ 1bn as an outcome of this hold-up. That's wrong."
Labour has actually informed the BBC that they will put down an amendment to the Finance Bill to attempt and generate the changes next April.
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Sports Minister Tracey Crouch Resigns over 'Hold-up' To Betting Crackdown
mikekump994175 edited this page 2025-01-01 04:22:46 +08:00