bet9ja.com
sports betting Minister Tracey Crouch resigns over 'delay' to wagering crackdown
bet9ja.com
1 November 2018
bet9ja.com
sports betting minister Tracey Crouch has resigned over "hold-ups" to a crackdown on maximum stakes for fixed-odds sports betting makers.
Chancellor Philip Hammond stated in Monday's Budget that the cut in stakes from ₤ 100 to ₤ 2 would enter force in October 2019.
Ms Crouch stated pressing back the date was "unjustifiable" and it might cost the lives of issue gamblers.
She tweeted: "Politicians come and go however concepts stay with us forever."
Prime Minister Theresa May stated she was dissatisfied Ms Crouch had actually resigned but there had been "no delay in bringing forward this important procedure".
High stakes for fixed-odds wagering devices
' I lost ₤ 250,000 on wagering machines'
sports betting maker stakes to be cut to ₤ 2
The federal government has rejected Labour declares that MPs had been led to believe 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 introduced in April 2020.
But in her resignation letter, Ms Crouch stated: "Unfortunately, execution of these modifications are now being postponed up until October 2019 due to dedications made by others to those with signed up interests.
This Twitter post can not be shown in your web browser. Please enable Javascript or attempt a various browser.View initial content on Twitter
The BBC is not responsible for the content of external websites.
Skip twitter post by Tracey Crouch
Allow Twitter material?
This article contains content offered by Twitter. We ask for your authorization before anything is loaded, as they might be using cookies and other technologies. You may wish to read Twitter's cookie policy, external and personal privacy policy, external before accepting. To view this material select 'accept and continue'.
Accept and continue
The BBC is not responsible for the material of external websites.
End of twitter post by Tracey Crouch
"From the time of the announcement to reduce stakes and its application, over ₤ 1.6 bn will be lost on these makers.
"In addition, 2 individuals will tragically take their lives every day due to gambling-related problems and, for that reason as much as any other, I think this delay is unjustifiable."
She included: "It is a reality of 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 praising her on social networks, the Archbishop of Canterbury Justin Welby tweeted, external that she was "principled and courageous" including: "May God bless her dedication to doing right."
bet9ja.com
Former foreign secretary Boris Johnson tweeted, external that she "should have big credit not just for her project but for sticking up for her concepts".
Fixed-odds wagering terminals generate ₤ 1.8 bn in earnings a year for the sports betting industry, according to the Gambling Commission, external, and taxes of ₤ 400m for the federal government.
Currently, people can wager approximately ₤ 100 every 20 seconds on electronic gambling establishment video games such as roulette. Anti-gambling advocates say the machines let players lose money too quickly, causing addiction and social, psychological and monetary problems.
But bookmakers have actually cautioned the cut in stakes might lead to countless outlets closing.
In her response to Ms Crouch, the PM stated the federal government had actually listened to those who desired the modifications to come into impact quicker than April 2020 and "had agreed that the changes need to remain in location within the year - by October 2019".
In his Budget on Monday, the chancellor said the change to fixed-odds stakes would enter force next October at the exact same time as changes to task charged on sports betting companies based abroad but running 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 earnings.
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 known for her opposition to fox searching and her love of football - she is a certified FA coach
Grade 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 MPs, including Michael Howard and David Davis before representing election
She had her very first kid in 2016 and is believed to have actually been the first Tory minister to take maternity leave
But in the Commons on Thursday, Labour's deputy leader Tom Watson implicated the federal government of "capitulating to the gaming industry".
He praised Ms Crouch's "courageous and principled choice" and said Culture Secretary Jeremy Wright "ought to be thoroughly embarrassed" of prioritising "business interests over victims, revenues over public health and greed over great".
MPs from all sides of your 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
bet9ja.com
He informed the BBC: "There are lots of individuals whose lives have actually been damaged by this addiction ... We need to do this extremely rapidly, as quickly as we can and in the meantime, the sports betting market 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 change to the Finance Bill to try and generate the modifications next April.
1
Sports Minister Tracey Crouch Resigns over 'Hold up' To Betting Crackdown
vickey85a98932 edited this page 3 weeks ago