Friday, 1 July 2022 – 15:57

Maximum stakes on Gambling Machines cut by Government

The maximum stakes on gambling machines has been cut in an announcement from the Government.

Currently, gamblers using fixed-odd betting terminals can bet up to £100 every 20 seconds. A review by the Gambling Commission has recommended that the maximum stakes are slashed to £2 every 20 seconds.

Culture Secretary Matt Hancock is has accepted the findings of the report.

However, Betfred has said 900 of its shops will become loss-making overnight, in the addition to 4500 job losses if the changes are implemented. 

 

Should there be changes to gambling regulations in the UK? Comment your thoughts. 

 

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