FOBTs rebellion threat to Budget
THE Chancellor faces a rebellion on his upcoming Budget if he delays the cap on fixed-odds betting terminal stakes.
Sources say Philip Hammond plans to include a date for the £2 limit later this month – but he has yet to decide when the new rules will come in.
Backbenchers could put down an amendment that would defeat the budget and enforce the limit.
A source said: “The people getting organised are people he needs on side. There’s no reason not to do it – unless pressure from the gambling lobby is too much.”
Life-wrecking FOBTs, known as the “crack cocaine of gambling”, let customers bet up to £100 every 20 seconds.
Campaigners demanded a £2 limit. After years of pressure the Treasury agreed, but then appeared to delay the introduction.
CAMPAIGN FOBT machine