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NEWS

Government delay FOTB cut for two years

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Government delay FOTB cut for two years 22nd June 2018

The Government will not implement the cut to FOBT stakes until 2020.

According to reports by the Guardian, the maximum stake on the machines will still be cut from £100 to £2 but the change will not take effect until 2020, under the terms of a deal with the Treasury.

The Labour Party have accused the Government of being “fundamentally weak” after ministers bowed to pressure from bookmakers and agreed to a two-year delay.

Labour’s deputy leader Tom Watson said: “Capitulating to a two-year delay is a pathetic move from a fundamentally weak government.

“Those who praised the government when the announcement was made will feel badly let down.

“They are already rolling back on their promises and allowing these machines to ruin more lives.”

A government spokesperson said: “We are changing the rules so they balance the needs of vulnerable people, those who gamble responsibly and people who work in this sector.

“But we must get this right, and are engaging with the industry to ensure it has sufficient time to implement these technological changes.”

Source: The Guardian

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