Sports Minister Tracey Crouch Resigns over 'Hold-up' To Betting Crackd…
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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 optimal 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 said pushing back the date was "unjustifiable" and it might cost the lives of issue bettors.
She tweeted: "Politicians come and go but concepts stay with us forever."
Prime Minister Theresa May stated she was dissatisfied Ms Crouch had resigned however there had been "no delay in bringing forward this crucial measure".
High stakes for fixed-odds sports betting machines
' I lost ₤ 250,000 on sports betting machines'
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 to be introduced in April 2020.
But in her resignation letter, Ms Crouch stated: "Unfortunately, application of these modifications are now being postponed till October 2019 due to commitments 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 announcement to decrease stakes and its execution, over ₤ 1.6 bn will be lost on these devices.
"In addition, 2 people will tragically take their lives every day due to gambling-related issues and, for that reason as much as any other, I think this delay is unjustifiable."
She added: "It is a fact 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 against your desires relating to 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" adding: "May God bless her dedication to doing right."
Former foreign secretary Boris Johnson tweeted, external that she "is worthy of substantial credit not just for her campaign however for sticking up for her principles".
Fixed-odds wagering terminals generate ₤ 1.8 bn in earnings a year for the sports betting market, according to the Gambling Commission, external, and taxes of ₤ 400m for the federal government.
Currently, people can wager as much as ₤ 100 every 20 seconds on electronic gambling establishment video games such as roulette. Anti-gambling advocates state the machines let players lose cash too quickly, resulting in addiction and social, psychological and monetary problems.
But bookies have alerted the cut in stakes could lead to thousands of outlets closing.
In her response to Ms Crouch, the PM stated the federal government had listened to those who desired the modifications to come into impact earlier than April 2020 and "had concurred that the changes ought to remain in place within the year - by October 2019".
In his Budget on Monday, the chancellor said the modification to fixed-odds stakes would enter force next October at the very same time as modifications to duty charged on gambling firms based abroad however operating in the UK.

The government says co-ordinating the date of the two changes would mean the government would not be hit by a fall in tax income.
Who is Tracey Crouch?
The 43-year-old MP has represented Chatham and Aylesford, in Kent, since 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 certified 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 different Tory MPs, including Michael Howard and David Davis before representing election
She had her very first child in 2016 and is believed to have actually 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 gaming industry".
He praised Ms Crouch's "brave and principled choice" 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 participated 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 require to do this extremely rapidly, as quickly as we can and in the meantime, the gambling 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 an amendment to the Finance Bill to try and bring in the modifications next April.

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