April 2018Print this page
A week’s a long time in politics, but it only took the Treasury a day to change course. On Monday, a proposed “backroom deal” between the Chancellor
and the bookies over the maximum stake on Fixed Odds Betting Terminals (FOBTs) was reported by The Times, but by Tuesday the Treasury
said it wouldn’t stand in the way of the government’s decision if it favoured a reduction to £2 a spin.