Published: 17 May 2018 by Richard Bradley
“The Department for Digital, Culture, Media & Sport has today issued a press release confirming that Fixed Odds Betting Terminal maximum stake is to be reduced from £100 to £2.
The changes are to be introduced following the Government’s consultation launched in October last year, the detailed response to which can be found here.
Tracey Crouch, the Minister for Sport and Civil Society has said:
Problem gambling can devastate individuals’ lives, families and communities. It is right that we take decisive action now to ensure a responsible gambling industry that protects the most vulnerable in our society. By reducing FOBT stakes to £2 we can help stop extreme losses by those who can least afford it.
While we want a healthy gambling industry that contributes to the economy, we also need one that does all it can to protect players”.
In addition to the reduction to FOBT stakes, the Government has confirmed that:
Changes to current stake and prize limits will be introduced through secondary legislation, which will require parliamentary approval.
The Government has confirmed it will engage with the gambling industry to ensure it is given sufficient time to implement technological changes.”
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