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sports betting Minister Tracey Crouch resigns over 'delay' to sports betting crackdown
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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 enter force in October 2019.

Ms Crouch said pressing back the date was "unjustifiable" and it might cost the lives of problem bettors.

She tweeted: "Politicians come and go however principles stay with us forever."
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Prime Minister Theresa May said she was disappointed Ms Crouch had resigned however there had been "no hold-up in bringing forward this important step".

High stakes for fixed-odds sports betting makers

' I lost ₤ 250,000 on wagering makers'

sports betting maker stakes to be cut to ₤ 2
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The federal government has denied Labour declares 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 recommended the cut had been intended to be presented in April 2020.
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But in her resignation letter, Ms Crouch said: "Unfortunately, application of these modifications are now being postponed up until 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 statement to minimize stakes and its execution, over ₤ 1.6 bn will be lost on these devices.
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"In addition, 2 people will unfortunately take their lives every day due to gambling-related issues and, for that reason as much as any other, I believe this delay is unjustifiable."

She included: "It is a truth of federal government that ministers need to stick to collective responsibility and can not disagree with policy, not to mention when it is policy made against your desires connecting 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 bold" including: "May God bless her commitment to doing right."

Former foreign secretary Boris Johnson tweeted, external that she "is worthy of huge credit not simply for her project but for sticking up for her principles".

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

Currently, people can bet as much as ₤ 100 every 20 seconds on electronic casino games such as live roulette. Anti-gambling campaigners say the machines let players lose money too rapidly, causing addiction and social, mental and financial issues.

But bookmakers have actually warned the cut in stakes might result in countless outlets closing.

In her action to Ms Crouch, the PM said the government had actually listened to those who desired the modifications to come into effect sooner than April 2020 and "had concurred that the changes need to 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 force next October at the very same time as changes to responsibility charged on gaming companies based abroad but running in the UK.

The federal government states co-ordinating the date of the 2 changes would indicate the federal government would not be struck by a fall in .

Who is Tracey Crouch?

The 43-year-old MP has represented Chatham and Aylesford, in Kent, given that 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 competent FA coach

Grammar 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, consisting of Michael Howard and David Davis before meaning election

She had her very first child in 2016 and is believed to have been the 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 gambling industry".

He praised Ms Crouch's "courageous and principled choice" and stated Culture Secretary Jeremy Wright "need to be thoroughly ashamed" of prioritising "corporate interests over victims, profits over public health and greed over great".
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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 on this month.

Week ahead in Parliament: The Finance Bill

He informed the BBC: "There are plenty of individuals whose lives have actually been damaged by this addiction ... We require to do this very rapidly, as quickly as we can and in the meantime, the gaming industry will make about ₤ 1bn as an outcome of this hold-up. That's not ideal."

Labour has informed the BBC that they will put down an amendment to the Finance Bill to attempt and generate the modifications next April.