sports betting Minister Tracey Crouch resigns over 'delay' to wagering crackdown
1 November 2018
sports betting minister Tracey Crouch has actually resigned over "hold-ups" to a crackdown on optimal stakes for fixed-odds sports betting devices.
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 problem gamblers.
She tweeted: "Politicians reoccur but concepts stick with us permanently."
Prime Minister Theresa May stated she was disappointed Ms Crouch had actually resigned however 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 wagering makers'
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sports betting device stakes to be cut to ₤ 2
The government has rejected Labour claims that MPs had been led to believe the cut would enter into force at the start of the next tax year, in April 2019. They suggested the cut had been meant to be introduced in April 2020.
But in her resignation letter, Ms Crouch said: "Unfortunately, application of these modifications are now being delayed up until October 2019 due to dedications made by others to those with registered interests.
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End of twitter post by Tracey Crouch
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"From the time of the statement to decrease stakes and its application, over ₤ 1.6 bn will be lost on these makers.
"In addition, two individuals will tragically take their lives every day due to gambling-related issues and, for that factor as much as any other, I believe this hold-up is unjustifiable."
She added: "It is a fact of government that ministers should stick to cumulative responsibility and can not disagree with policy, let alone when it is policy made versus your desires connecting to your own portfolio."
'God bless'
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Among those praising her on social media, the Archbishop of Canterbury Justin Welby tweeted, external that she was "principled and courageous" including: "May God bless her commitment to doing right."
Former foreign secretary Boris Johnson tweeted, external that she "is worthy of huge credit not just for her project but for sticking up for her concepts".
Fixed-odds sports betting terminals generate ₤ 1.8 bn in earnings a year for the wagering 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 advocates say the machines let gamers lose cash too rapidly, resulting in dependency and social, mental and monetary problems.
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But bookies have 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 the changes to come into impact sooner than April 2020 and "had actually agreed that the modifications must be in location within the year - by October 2019".
In his Budget on Monday, the chancellor stated the change to fixed-odds stakes would enter into force next October at the same time as modifications to task charged on gaming companies based abroad however operating in the UK.
The government says co-ordinating the date of the 2 changes would imply the federal 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, because 2010
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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 competent 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 actually worked for various Tory MPs, including Michael Howard and David Davis before representing election
She had her first kid in 2016 and is thought 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 government of "capitulating to the gambling market".
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He praised Ms Crouch's "courageous and principled decision" and said Culture Secretary Jeremy Wright "must be thoroughly embarrassed" of prioritising "corporate interests over victims, profits over public health and greed over great".
MPs from all sides of your home signed up with in his criticism. Former Tory leader Iain Duncan Smith stated it should be gone over as part of the Finance Bill later this month.
Week ahead in Parliament: The Finance Bill
He told the BBC: "There are lots of people whose lives have been damaged by this addiction ... We need to do this very quickly, as rapidly as we can and in the meantime, the sports betting market will make about ₤ 1bn as an outcome of this delay. That's not best."
Labour has informed the BBC that they will put down an amendment to the Finance Bill to attempt and bring in the modifications next April.
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Sports Minister Tracey Crouch Resigns over 'Hold-up' To Betting Crackdown
rachellemenhen edited this page 2025-01-01 02:04:44 +01:00