January 2018

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£2 limit to curb ‘crack cocaine’ of gambling

The maximum stake on fixed odds betting terminals – dubbed the crack cocaine of high street gambling – is set to be reduced to £2 following the closure of the public consultation on January 23rd.

Initial proposals in October 2017 offered reductions in the maximum stake on the machines between £50 and £2, but the understanding is that the “overwhelming” response to the public consultation has persuaded the Government to opt for the £2 maximum stake.

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