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Tag: £2

Bacta win argument as £2 FOBT stake confirmed

Gabi Stergides
Bacta President Gabi Stergides has welcomed the UK government’s decision to cut the maximum stake of fixed odds betting terminals to £2, which was announced at 7am this morning (17 May).......

Bacta join forces with C of E at APPG Impact Event

bacta APPG Impact Event
Bacta joined forces with a broad range of stakeholders and individuals including the Church of England, The Royal Society for Public Health, numerous local authorities, gambling addicts, reformed addicts and representatives from both the House of Lords and the House of Commons in an unequivocal show of support for a reduction in the maximum FOBT stake to £2.   The All Party...

Iain Duncan Smith supports bacta case for £2 stake

bacta Iain Duncan Smith
A senior bacta delegation comprising National President, Gabi Stergides and Chief Executive, John White supported by Oliver Hogan, Head Economist at the influential Centre for Economics and Business Research (CEBR), met with former leader of the Conservative Party, Iain Duncan Smith, last week to present the findings of CEBR analysis on the economic impact on bookmakers of a reduction...

Treasury try to stem momentum on £2 FOBT stake

Treasury FOBT stake
As one would expect with the tumultuous debate over FOBTS, as the picture gets clearer, the mist swoops in to cloud the vision. When you thought it was impossible to halt the £2 maximum stake momentum, the Chancellor has, according to newspaper reports, stepped in to stop the surge. Money, surprise, surprise, sits at the very heart of the...

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