Friday, December 3, 2021

Tag: stake

FOBT stake slash gets thumbs up from regulatory reviewers

FOBT, stake, regulatory reviewers, committee
The Regulatory Policy Committee has accepted a revised impact assessment from the DCMS on its proposed cut to maximum stakes on betting shop terminals. The fall-out, they say, is alright with them. The Regulatory Policy Committee has given its stamp of approval to the imminent cut on maximum FOBT stakes, scheduled to come into effect on April 1. The non-departmental advisory...

Pressure mounts on FOBT stake cut implementation

Houses of Parliament
April 2020 is simply not good enough for politicians chasing a £2 maximum stake on FOBTs, with MPs signing an Early Day Motion and the House of Lords piling pressure on the government. An Early Day Motion calling for the immediate implementation of a £2 maximum stake on FOBTs is gaining traction with MPs as pressure also mounts on the...

Bacta win argument as £2 FOBT stake confirmed

Bacta, Gabi Stergides, fobt, campaign
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).......

FOBT stake: Two pound Tories talk tough

FOBT, stakes, Industry, politics, finance
Regulus Partners’ Dan Waugh details the current state of the FOBT debate in the consultancy firm’s ‘Winning Post’ blog, suggesting where “future battle lines will be drawn” for the gambling industry. What will we do for amusement once (if?) the public policy wrangle over FOBTs is resolved? Last week opened with renewed hope for the betting shop sector as The...

Chancellor once again delays decision on FOBT maximum stake

Coinslot chancellor Autumn Statement Philip Hammond REVIEW
News sources have reported the government will once again delay its upcoming triennial review judgement on reducing the maximum stake on fixed odds betting terminals (FOBTs). Sources say the decision on how far to lower the maximum stake will now be delayed until after local council elections on 3 May. According to The Times, Chancellor Philip Hammond has put the decision...

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...

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...