United Kingdom cuts top stake on gambling machines to £2

Top stake for fixed-odd machines is slashed to £2			
				 
   by Joel Taylor 
  Published

The decision deals a blow to bookmakers however, who had argued that the fixed-odds betting terminals were a major source of income for high-street betting shops which are struggling to stay afloat as younger gamblers move online, putting jobs at risk.

Currently, people can bet up to £100 every 20 seconds on electronic casino games such as roulette.

Matt Hancock, Secretary of State for the Department for Digital, Culture, Media and Sport, added: "When faced with the choice of halfway measures or doing everything we can to protect vulnerable people, we have chosen to take a stand".

The BHA says it "recognises the potential impact on jobs" and also announced the Government may now bring forward a review of the levy, with officials planning to look at how a system based on global bets placed in Britain would work.

Mr Millar, who holds an annual conference in Cardiff on problem gambling, called FOBTs a "public health menace which ruin people's lives". Ireland's Paddy Power Betfair said already on Wednesday it was considering merging its USA business with fantasy sports company FanDuel.

According to the latest Gambling Commission data, there are over 182,000 gaming machines in Britain with Ladbrokes Coral-parent GVC, William Hill and Paddy Power Betfair generating a large chunk of their retail revenue from these machines.

"We now need radical action from the Welsh Government to step up education about the dangers of gambling and to address flaws in the planning system which result in communities being besieged by multiple betting shops in our town centres", he added.

The long-awaited decision follows months of Whitehall wrangling and a sustained lobbying campaign by bookmaking firms which make a fortune from FOBTs.

The government said it was created to reduce the potential for large losses and cut the risk of harm to players and the wider community.

'It: Chapter Two' Casts James Ransone as Adult Eddie
Deadline has confirmed reports that James Ransone has been cast as the adult version of Eddie in the upcoming horror sequel. Meanwhile, Bill Skarsgard will reprise his role as Pennywise from the first movie.

Ant and Dec pictured together for first time since drink-driving arrest
In her picture it appeared that Ant had got a new tattoo - a small symbol on the inside of his right wrist. He checked into a clinic three days after pleading guilty to drink-driving at a hearing on April 16.

BJP's southward march has begun, Ram Madhav after resounding victory in Karnataka
Telugu's had not voted for the BJP which resorted to conspiracies and collusion politics. Chandrababu Naidu, chief minister, Andhra Pradesh.

'While we want a healthy gambling industry that contributes to the economy, we also need one that does all it can to protect players'.

Kenneth Alexander, CEO of GVC Holdings, said: "Although we are ultimately disappointed with the outcome of the Triennial Review, it is a decision we accept".

Since Labour's 2005 Gambling Act the number of FOBTs - which offer casino-style games such as roulette - has increased from 20,000 to almost 35,000.

Labour's deputy leader Tom Watson said he was "absolutely delighted" by the decision, which he said would "help alleviate some of the bad misery caused by problem gambling in Britain".

But the shift to £2 was backed by council leaders, church groups, charities, gambling campaigners and MPs from across the political spectrum.

Shares in all three fell in early London trading on Thursday, with William Hill hit hardest.

The Government also confirmed a raft of measures to clamp down on the gambling sector, including plans to toughen up protections around online gambling, such as introducing stronger age verification rules and affordability checks.

A major multi-million pound advertising campaign promoting responsible gambling, supported by industry and GambleAware, will be launched later this year.

Related:

  • Council Takes First Step to Enforcing Net Neutrality in San Antonio

    Council Takes First Step to Enforcing Net Neutrality in San Antonio

    But they wanted to also ensure that regulatory efforts didn't get in the way of innovation and quickly evolving internet services. Democrats argue that net neutrality is necessary to keep the internet free and give all companies an equal playing field.

    Anticipated $0.27 EPS for International Game Technology PLC (IGT) on May, 22

    Information in this release is fact checked and produced by competent editors of Nasdaq Journal; however, human error can exist . The ratio may be used to provide an idea of the ability of a certain company to pay back its liabilities with assets.
    Red Sox P Chris Sale seemingly mocks Cavaliers with 'Goon Squad' shirt

    Red Sox P Chris Sale seemingly mocks Cavaliers with 'Goon Squad' shirt

    Chris Sale couldn't quite harness his crackling fastball on this night, limited to five innings as his pitch count swelled to 102. Both scored on a double by Chapman, who drove a pitch from Rodriguez over the head of Mookie Betts in right field.
  • Crude Oil Pauses Following Mixed Inventory Reports

    Crude Oil Pauses Following Mixed Inventory Reports

    The US withdrawal from the 2015 nuclear deal with Iran and promises of new sanctions on the country could also lead to increases. Currently, OPEC and non-OPEC producers have restricted themselves to 32.5 million bpd.
    Son leads defence-heavy South Korea squad

    Son leads defence-heavy South Korea squad

    A 28-man roster for the upcoming World Cup, which kicks off in a month in Russian Federation , was announced on Monday. South Korea's two English Premier League stars Son Heung-min and Ki Sung-yueng made the cut as expected.
    Sports betting in NJ not likely until June, officials say

    Sports betting in NJ not likely until June, officials say

    Murren says people were also anxious about Las Vegas when legal gambling went to other states and to Native American Reservations. The professional sports leagues were on the losing side Monday, but will find ways to profit from betting on their products.
  • Pennsylvania Man Who Killed 4, Including Loyola Student, Pleads Guilty

    Pennsylvania Man Who Killed 4, Including Loyola Student, Pleads Guilty

    The families say DiNardo's parents shouldn't have allowed him access to a gun, which was barred by law due to his commitment. Weintraub said at a news conference following Wednesday's hearings that DiNardo has agreed to testify against Kratz.
    Meghan Markle's dad says will miss wedding, needs heart procedure

    Meghan Markle's dad says will miss wedding, needs heart procedure

    Meghan's extended family has begun arriving in the United Kingdom despite not being on the guest list. George's Chapel on the grounds of Windsor Castle. "This is a deeply personal moment for Ms.
    Chrissy Teigen has given birth to a baby boy

    Chrissy Teigen has given birth to a baby boy

    Chrissy and All Of Me singer John, who married in 2013, are already parents to two year old daughter, Luna Simone Stephens.
  • $1.48 Billion in Sales Expected for Ascena Retail Group (ASNA) This Quarter

    Crude oil prices were slightly higher on Tuesday , as Brent almost hit 80-per barrel, and then came off as traders took profits. But, we must be patient before we enter our trades, because sometimes the RSI can stay overbought or oversold for quite awhile.
    Harry Styles producing sitcom loosely based on 1D days

    Harry Styles producing sitcom loosely based on 1D days

    He agreed to live with Ben and his wife Meredith for just a few weeks - but the arrangement ended up lasting for 20 months. Harry Styles will be overseeing a TV show based on his life.
    Microsoft Announced New Xbox Adaptive Controller, Brings Accessibility For Gamers

    Microsoft Announced New Xbox Adaptive Controller, Brings Accessibility For Gamers

    We worked closely with them and directly with gamers who have limited mobility to assist in our development. We couldn't be prouder to have their support in introducing the Xbox Adaptive Controller.

Comments

Latest news

N Parliamentarians concerned over Nawaz Sharif's narrative
Former premier is facing massive backlash from the from his opponents over his remark on the 2008 Mumbai terror attacks. He vowed to address the party lawmakers' grievances, and said he will talk to the PML-N supremo over the issue.

Miramar Map Is Now Available On PUBG Mobile
There are new Progress Missions as well which provide players with another opportunity to earn rewards after completing tasks. PUBG Mobile has been updated to version 0.5.0 for both iOS and Android and it's loaded with a load of new features.

IPD kicks off Special Olympics torch run
Even though Oklahoma State University students have gone home for the summer, Stillwater is still buzzing with activity this week as it hosts the Special Olympics Oklahoma Summer Games.

Raquel Pennington's Coach Defends UFC 224 Cornering Decision
She had to do something huge, right? The biggest question for the Brazilian standout at the moment is who does she fight next? So when she said she wanted out, there was an overwhelming sense that her coaches were in the wrong to tell her otherwise.

Music Has Gotten Sadder in the Past 30 Years, According to Study
More recent songs with a low happiness index included Sam Smith's " Stay with Me " and "Whispers" by Passenger , both from 2014. The researchers emphasize that they were looking for the trends in the acoustic properties and the moods describing the sounds.

Jurgen Klopp: Liverpool deserved 'crazy ride' to final
Liverpool manager Jurgen Klopp admits their run to the Champions League final has been a "crazy ride" but is well deserved. However, Klopp chose their 5-0 thumping of Porto as his highlight.

Christine and Frank 'excited' for pregnancy
And 39-year-old Christine has also revealed how she's feeling ahead of the birth of her first child with former footballer Frank. See a list of celebrities who posed naked and pregnant for magazines and more scandalous nude celeb baby bump photos.

BCCI announce squads for Women's T20 Challenge
Alyssa Healy, Suzie Bates, Beth Mooney, and Danielle Hazell will be among the big worldwide names in the other team. Rajeev Shukla, Chairman, IPL, said, "We were in talks with several Boards and I am pleased with the outcome".

Gameplay Trailer | RAGE 2
Tim Willits of id Software said, "We have this novel approach: You buy the game and then you play it". Rage 2 doesn't have an official release date as of yet, but it's expected to debut in early 2019.

'Ride Of Silence' Brings Cyclist Awareness To Mansfield
Dozens in Cadillac rode around Lake Cadillac in silence at about 10 miles per hour to bring awareness to a serious cause. Who: Organized locally by Velo Cape Breton Bicycle Association; all cyclists welcome (helmets are mandatory).

Square's Bitcoin move causes internal disagreement
After that they dedicated Brock to building Bitcoin within Square Cash , saying the feeling of solving the issue was "amazing". Stark asked what had changed in the interim. "It felt electric", he said.

Simeone lauds 'decisive' Griezmann, urges him to stay with Atletico Madrid
Griezmann slotting coolly into the bottom left corner in the 21st minute after being set up by midfielder Gabi's first-time pass. Fernando Torres spoke after he lifted the Europa League trophy with Atlético Madrid in his second last game with the club.

FA Cup triumph can boost Man United's League title bid, Jones
We have to be fighting hard to win something and we have that opportunity next week. "We can win the Cup and finish on a high". Naturally some progress and some don't, but you don't hear about the ones that don't.

Taylor Swift Granted Restraining Order ... Against Obsessed Fan
Beverly Hills police officials filed for a temporary firearms restraining order against Sandrock, which has since been dismissed. Police found that he had live ammunition, latex gloves, rope and multiple types of masks in his vehicle .

Ramos expects tough final against Liverpool
In our case, we've played in the Champions League without pressure most of the time. "Because of how we did it", Klopp told UEFA.

Other news