commit 2bd05b3cc3fadee7afbec5a24aa14b20fea1de35 Author: janelletho1546 Date: Tue Dec 31 10:05:44 2024 +0000 Add Sports Minister Tracey Crouch Resigns over 'Hold-up' To Betting Crackdown diff --git a/Sports Minister Tracey Crouch Resigns over %27Hold-up%27 To Betting Crackdown.-.md b/Sports Minister Tracey Crouch Resigns over %27Hold-up%27 To Betting Crackdown.-.md new file mode 100644 index 0000000..6d92d49 --- /dev/null +++ b/Sports Minister Tracey Crouch Resigns over %27Hold-up%27 To Betting Crackdown.-.md @@ -0,0 +1,45 @@ +
[sports betting](https://jimsusefultools.com/index.php/User:LisaCastanon2) Minister Tracey Crouch resigns over 'hold-up' to [sports betting](https://krazzykross.com/read-blog/1501_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) crackdown
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1 November 2018
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[sports betting](https://gamehiker.com/wiki/index.php/User:MarcelaO54) minister Tracey Crouch has actually resigned over "hold-ups" to a crackdown on maximum stakes for fixed-odds wagering devices.
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Chancellor Philip Hammond said in Monday's Budget that the cut in stakes from ₤ 100 to ₤ 2 would come into force in October 2019.
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Ms Crouch said pushing back the date was "unjustifiable" and it might cost the lives of [issue bettors](http://www.engel-und-waisen.de/index.php/Benutzer:LudieJanzen7458).
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She tweeted: "Politicians reoccur however concepts stick with us forever."
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Prime Minister Theresa May said she was disappointed Ms Crouch had actually resigned however there had been "no delay in bringing forward this crucial measure".
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High stakes for [fixed-odds wagering](http://www.asystechnik.com/index.php/Benutzer:KyleMedworth61) machines
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' I lost ₤ 250,000 on wagering makers'
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[sports betting](https://social.ppmandi.com/read-blog/212_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) machine stakes to be cut to ₤ 2
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The [federal government](https://friendspo.com/read-blog/28364_how-fantasy-betting-app-development-companies-and-sports-developers.html) has [denied Labour](https://twoplustwoequal.com/read-blog/58969_compare-amp-review-oddsjet-de.html) claims that MPs had actually been led to think the cut would enter into force at the start of the next tax year, in April 2019. They [recommended](https://www.sportpassionhub.com/read-blog/1445_the-history-of-the-nfl-and-how-to-bet-on-it.html) the cut had actually been meant to be presented in April 2020.
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But in her [resignation](https://higgledy-piggledy.xyz/index.php/User:ValerieBoatwrigh) letter, Ms Crouch stated: "Unfortunately, execution of these changes are now being postponed till October 2019 due to commitments made by others to those with registered interests.
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End of twitter post by Tracey Crouch
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"From the time of the statement to and its application, over ₤ 1.6 bn will be lost on these machines.
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"In addition, two individuals will tragically take their lives every day due to gambling-related issues and, because of that as much as any other, I believe this hold-up is unjustifiable."
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She included: "It is a truth of federal government that ministers must abide by cumulative obligation and can not disagree with policy, not to mention when it is policy made versus your dreams relating to your own portfolio."
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'God bless'
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Among those praising her on social networks, the Archbishop of [Canterbury Justin](https://africasfaces.com/read-blog/5852_how-are-betting-odds-calculated.html) Welby tweeted, external that she was "principled and courageous" adding: "May God bless her commitment to doing right."
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Former foreign secretary Boris [Johnson](https://wow.twinear.com/read-blog/1003_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) tweeted, external that she "is worthy of huge credit not just for her campaign but for sticking up for her concepts".
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[Fixed-odds](http://wiki.die-karte-bitte.de/index.php/Benutzer_Diskussion:Ferne21429689) [sports betting](https://accc.rcec.sinica.edu.tw/mediawiki/index.php?title=User:DemiElmer2043) [terminals generate](https://embargo.energy/index.php/User:NanceeThigpen16) ₤ 1.8 bn in income a year for the [wagering](http://yijichain.com/read-blog/15072_how-much-are-americans-spending-on-sports-betting.html) market, according to the Gambling Commission, external, and taxes of ₤ 400m for the federal government.
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Currently, people can bet up to ₤ 100 every 20 seconds on electronic gambling establishment games such as roulette. Anti-gambling campaigners say the devices let gamers lose cash too rapidly, causing addiction and social, psychological and financial problems.
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But bookies have actually warned the cut in stakes could cause thousands of outlets closing.
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In her reaction to Ms Crouch, the PM stated the federal government had actually listened to those who desired the changes to come into [impact sooner](https://genzkenya.co.ke/read-blog/106_sports-minister-tracey-crouch-resigns-over-039-hold-up-039-to-betting-crackdown.html) than April 2020 and "had actually agreed that the changes need to remain in place within the year - by October 2019".
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In his Budget on Monday, the chancellor said the modification to fixed-odds stakes would come into force next October at the same time as modifications to responsibility charged on [sports betting](https://naijamatta.com/read-blog/34691_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) companies based abroad however operating in the UK.
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The federal government says co-ordinating the date of the 2 changes would indicate the federal government would not be struck by a fall in tax profits.
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Who is Tracey Crouch?
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The 43-year-old MP has represented Chatham and Aylesford, in Kent, since 2010
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She was promoted to the front bench as [sports betting](https://sossnet.com/read-blog/20573_the-ins-and-outs-of-betting-on-the-nfl-draft.html) [minister](https://sfqatest.sociofans.com/read-blog/710_things-you-need-to-know-about-rafting-adventures.html) in 2015
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She is known for her opposition to fox hunting and her love of football - she is a competent FA coach
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Grade school informed at [Folkestone School](http://woorichat.com/read-blog/10318_online-betting-firms-gamble-on-soccer-mad-nigeria.html) for Girls, she went on to get a degree in law and [politics](https://alumni.myra.ac.in/read-blog/148588_for-sports-gambling-to-be-legalised.html) from Hull University
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She had actually worked for various Tory MPs, consisting of [Michael Howard](http://kitsap.whigdev.com/read-blog/3081_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) and David Davis before meaning election
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She had her first kid in 2016 and is believed to have been the very first Tory minister to take maternity leave
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But in the Commons on Thursday, Labour's deputy leader Tom Watson accused the federal government of "capitulating to the [sports betting](https://social.instinxtreme.com/read-blog/13739_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) market".
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He applauded Ms Crouch's "bold and principled decision" and said [Culture Secretary](http://www.larsaluarna.se/index.php/User:JolieCheng4511) Jeremy Wright "should be completely ashamed" of prioritising "business interests over victims, earnings over public health and greed over great".
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MPs from all sides of the House took part his criticism. Former Tory leader [Iain Duncan](https://reckoningz.com/things-you-need-to-know-about-rafting-adventures/) Smith stated it needs to be talked about as part of the Finance Bill later on this month.
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Week ahead in Parliament: The Finance Bill
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He told the BBC: "There are a lot of people whose lives have been damaged by this dependency ... We need to do this extremely quickly, as rapidly as we can and in the meantime, the gaming market will make about ₤ 1bn as an outcome of this hold-up. That's not ideal."
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Labour has actually informed the BBC that they will put down a change to the Finance Bill to attempt and generate the changes next April.
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