Monday, May 23, 2022

Tag: stake reduction

Betting shops prepare for FOBT stake reduction

Coinslot-stake reduction
Trials are underway in Birmingham aimed at prepping the betting industry for compliance in time for April’s reduction in FOBT stakes. With just six weeks remaining until new and vastly reduced maximum FOBT stakes go into effect, bookmakers have opted to undertake a trial of the new £2 maximum wager limit - in order to assess its potential impact to...

FOBT stake reduction signed into law, but political pressure set to continue

FOBT, stake reduction, politics, law, gambling
The reduction of the maximum stake on FOBTS from £100 to £2 has finally been passed into law, presenting a welcome Christmas gift for the wider industry - but how long will the anti-gambling hangover last into the New Year? On Tuesday 18 December the motion to reduce the maximum stake on FOBTs was approved by the House of Lords,...

Harris lauds industry as one of “principle”

Carolyn Harris Bacta AGM 2018 Coinslot Coinslot
A passionate speech from Swansea MP and anti-FOBT campaigner Carolyn Harris saw her declare BACTA members as “true friends” and condemn the national regulator

Amendment tabled for FOBT stake reduction

Houses of Parliament FOBT Stake Amendment
From a 21 strong group of Tory rebels, plus a UDP faction, some 74 MPs have now stepped forward to table a motion to attempt to force a government reversal on the delayed implementation of FOBT maximum betting stakes.

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