Gambling Minister Tracey Crouch has said the government will cut the maximum stake on fixed-odds betting terminals from £100 to between £50 and £2. The announcement is part of a package of measures.. Source: ODN -
A new independent review, commissioned by the government and led by senior figures in the financial industry and social sector, has called on the government and financial services industry to increase.. City A.M.
The long-awaited government review into the gambling industry finally kicked off today, as a new consultation was launched by the department of digital, culture, media and sport (DCMS) into possible.. City A.M.
Bookmakers' profits could be set to take a massive hit as the government unveils plans to reduce the maximum stake on fixed-odds betting terminals (FOBTs) from £100 to between £2 and £50.
The.. City A.M.
'Given the strong evidence and public concerns about the risks of high stakes gaming machines on the high street, we are convinced of the need for action,' said Gambling Minister Tracey Crouch Independent
Bookies are facing a crackdown on betting machines which have been dubbed the "crack cocaine of gambling" which could send their profits plunging.
MPs will this week move to stop punters being able.. City A.M.