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Opened Dec 18, 2024 by Willis Sherwood@willissherwood
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Sports Minister Tracey Crouch Resigns over 'Hold-up' To Betting Crackdown


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 maximum 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 might cost the lives of problem bettors.

She tweeted: "Politicians come and go but principles stick with us permanently."
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Prime Minister Theresa May stated she was disappointed Ms Crouch had actually resigned but there had been "no hold-up in bringing forward this crucial measure".

High stakes for fixed-odds wagering machines

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

sports betting maker stakes to be cut to ₤ 2

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

But in her resignation letter, Ms Crouch said: "Unfortunately, implementation of these changes are now being delayed until October 2019 due to dedications 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 minimize stakes and its implementation, 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, because of that as much as any other, I believe this hold-up is unjustifiable."

She included: "It is a fact of government that ministers must adhere to collective obligation and can not disagree with policy, let alone when it is policy made against your desires associating with 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 brave" including: "May God bless her commitment to doing right."

Former foreign secretary Boris Johnson tweeted, external that she "is worthy of substantial credit not just for her campaign but for sticking up for her principles".

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

Currently, individuals can bet up to ₤ 100 every 20 seconds on electronic casino games such as live roulette. Anti-gambling campaigners say the devices let players lose cash too rapidly, causing addiction and social, psychological and financial problems.

But bookmakers have warned the cut in stakes might result in countless outlets closing.
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In her response to Ms Crouch, the PM said the government had actually listened to those who desired the changes to come into impact faster than April 2020 and "had concurred that the modifications should be 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 same time as modifications to task charged on gambling companies based abroad however operating in the UK.

The government says co-ordinating the date of the two modifications would suggest the government would not be struck by a fall in tax revenue.
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Who is Tracey Crouch?

The 43-year-old MP has actually represented Chatham and Aylesford, in Kent, because 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
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Grammar school educated at Folkestone School for Girls, she went on to get a degree in law and from Hull University

She had worked for numerous Tory MPs, consisting of Michael Howard and David Davis before representing election

She had her very first child 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 federal government of "capitulating to the gambling industry".

He praised Ms Crouch's "brave and principled choice" and stated Culture Secretary Jeremy Wright "ought to be thoroughly embarrassed" of prioritising "corporate interests over victims, revenues over public health and greed over good".

MPs from all sides of your home signed up with in his criticism. Former Tory leader Iain Duncan Smith said it should be talked about as part of the Finance Bill later this month.

Week ahead in Parliament: The Finance Bill

He told the BBC: "There are a lot of people whose lives have actually been harmed by this dependency ... We need to do this really rapidly, as rapidly as we can and in the meantime, the gambling market will make about ₤ 1bn as an outcome of this hold-up. That's wrong."

Labour has informed the BBC that they will put down a change to the Finance Bill to attempt and bring in the modifications next April.

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Reference: willissherwood/bet9ja-promotion-code-yohaig#1