bet9ja-promotion-code-yohaig

sports betting Minister Tracey Crouch resigns over 'delay' to wagering crackdown
bet9ja.com
1 November 2018

sports betting minister Tracey Crouch has actually resigned over "delays" to a crackdown on optimal stakes for fixed-odds wagering makers.

Chancellor Philip Hammond said in Monday's Budget that the cut in stakes from ₤ 100 to ₤ 2 would enter 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 principles stay with us forever."

Prime Minister Theresa May said she was disappointed Ms Crouch had actually resigned but there had actually been "no hold-up in bringing forward this crucial measure".

High stakes for fixed-odds wagering makers

' I lost ₤ 250,000 on sports betting makers'

stakes to be cut to ₤ 2

The federal government has denied Labour declares that MPs had been led to think the cut would enter into force at the start of the next tax year, in April 2019. They suggested the cut had actually been planned to be introduced in April 2020.

But in her resignation letter, Ms Crouch said: "Unfortunately, application of these changes are now being delayed up until October 2019 due to dedications made by others to those with registered interests.

This Twitter post can not be shown in your browser. Please enable Javascript or try a different browser.View original content on Twitter The BBC is not accountable for the material of external websites.

Skip twitter post by Tracey Crouch

Allow Twitter material?

This short article consists of content offered by Twitter. We ask for your approval before anything is packed, as they may be using cookies and other innovations. You may wish to read Twitter's cookie policy, external and privacy policy, external before accepting. To view this content select 'accept and continue'.

Accept and continue

The BBC is not accountable for the content of external sites.
bet9ja.com
End of twitter post by Tracey Crouch

"From the time of the statement to lower stakes and its implementation, 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 factor as much as any other, I think this delay is unjustifiable."
bet9ja.com
She added: "It is a reality of government that ministers should adhere to cumulative obligation and can not disagree with policy, not to mention when it is policy made versus your wishes connecting 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 bold" including: "May God bless her dedication to doing right."

Former foreign secretary Boris Johnson tweeted, external that she "deserves big credit not just for her campaign however for sticking up for her principles".

Fixed-odds sports betting terminals generate ₤ 1.8 bn in income a year for the wagering market, according to the Gambling Commission, external, and taxes of ₤ 400m for the government.

Currently, individuals can wager as much as ₤ 100 every 20 seconds on electronic gambling establishment games such as roulette. Anti-gambling campaigners say the machines let players lose money too quickly, causing addiction and social, psychological and financial issues.

But bookies have cautioned the cut in stakes could cause countless outlets closing.

In her reaction to Ms Crouch, the PM stated the government had listened to those who wanted the modifications to come into impact quicker than April 2020 and "had actually agreed that the changes should remain in place within the year - by October 2019".

In his Budget on Monday, the chancellor said the change to fixed-odds stakes would enter into force next October at the very same time as modifications to responsibility charged on gaming companies based abroad however running in the UK.

The government states co-ordinating the date of the 2 modifications would indicate the government would not be struck 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 understood for her opposition to fox searching and her love of football - she is a qualified 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 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 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 sports betting industry".

He praised Ms Crouch's "bold and principled choice" and stated Culture Secretary Jeremy Wright "ought to be completely ashamed" of prioritising "business interests over victims, revenues over public health and greed over great".

MPs from all sides of the House joined in his criticism. Former Tory leader Iain Duncan Smith said it must be talked about as part of the Finance Bill later this month.

Week ahead in Parliament: The Finance Bill

He informed the BBC: "There are plenty of people whose lives have been damaged by this addiction ... We require to do this extremely quickly, as rapidly 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 informed the BBC that they will put down an amendment to the Finance Bill to try and generate the changes next April.