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sports betting Minister Tracey Crouch resigns over 'hold-up' to wagering crackdown
bet9ja.com
1 November 2018
bet9ja.com
sports betting minister Tracey Crouch has resigned over "hold-ups" to a crackdown on optimal stakes for fixed-odds sports betting makers.
Chancellor Philip Hammond said in Monday's Budget that the cut in stakes from ₤ 100 to ₤ 2 would enter force in October 2019.
Ms Crouch said pushing back the date was "unjustifiable" and it could cost the lives of problem bettors.
She tweeted: "Politicians come and go however 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 bringing forward this important measure".
High stakes for fixed-odds wagering devices
' I lost ₤ 250,000 on sports betting makers'
sports betting maker stakes to be cut to ₤ 2
The government has actually rejected Labour claims that MPs had been led to think the cut would enter force at the start of the next tax year, in April 2019. They recommended the cut had actually been planned to be presented in April 2020.
But in her resignation letter, Ms Crouch stated: "Unfortunately, execution of these modifications are now being delayed until October 2019 due to commitments made by others to those with registered interests.
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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 individuals will tragically 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 government that ministers need to stick to cumulative responsibility and can not disagree with policy, let alone when it is policy made versus your wishes 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 bold" 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 project however for sticking up for her concepts".
Fixed-odds sports betting terminals produce ₤ 1.8 bn in revenue a year for the wagering industry, according to the Gambling Commission, external, and taxes of ₤ 400m for the government.
Currently, individuals can bet as much as ₤ 100 every 20 seconds on electronic casino games such as live roulette. Anti-gambling advocates state the devices let gamers lose money too rapidly, resulting in dependency and social, mental and financial problems.
But bookies have actually alerted the cut in stakes could cause thousands of outlets closing.
In her action to Ms Crouch, the PM said the 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 must be in location within the year - by October 2019".
In his Budget on Monday, the chancellor said the modification to fixed-odds stakes would enter into force next October at the same time as modifications to responsibility charged on gaming firms based abroad however in the UK.
The government says co-ordinating the date of the two modifications would mean the government would not be struck by a fall in tax income.
Who is Tracey Crouch?
The 43-year-old MP has actually represented Chatham and Aylesford, in Kent, considering that 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 qualified 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 meaning election
She had her very first kid 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 implicated the government of "capitulating to the sports betting industry".
He praised Ms Crouch's "brave and principled decision" and said Culture Secretary Jeremy Wright "should be completely embarrassed" of prioritising "business interests over victims, earnings over public health and greed over excellent".
MPs from all sides of your home joined in his criticism. Former Tory leader Iain Duncan Smith stated it must be discussed as part of the Finance Bill later on this month.
Week ahead in Parliament: The Finance Bill
He told the BBC: "There are a lot of individuals whose lives have actually been damaged by this addiction ... We require to do this very quickly, as rapidly as we can and in the meantime, the gaming industry will make about ₤ 1bn as a result of this delay. That's not ideal."
Labour has actually told the BBC that they will put down a modification to the Finance Bill to try and bring in the changes next April.
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Будьте уважні! Це призведе до видалення сторінки "Sports Minister Tracey Crouch Resigns over 'Hold-up' To Betting Crackdown"
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