Number Ten bows to pressure on FOBT stakes

The Government has finally bowed to pressure in Parliament to reduce the maximum stake for fixed-odds betting terminals from £100 to £2.

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Compulsive gambling has plagued vulnerable people around the country and contributed to immense psychological distress for those impacted by the predatory nature of exploitative fixed-odds betting terminals.

The change will come into place in April of next year.

Carshalton & Wallington MP Tom Brake said:

"The people of the UK have been preyed upon by the gambling industry for too long. It is an injustice to the people that the Government has waited so long impose controls on these dangerous machines.

"This move to reduce the maximum stake at fixed-odds betting terminals is a success for the vulnerable groups which have been disproportionately targeted by the gambling industry until now aided and abetted by the Conservative Government.

"While we should recognise and celebrate this progress, we must also continue to push for mental health support services for those struggling with addiction to gambling."

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