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But, anti-addiction campaigners reportedly refer to the machines first introduced in 2001 as the ‘crack cocaine’ of gambling and have been lobbying hard for a reduction in this maximum stake. The Daily Mail reported that Chancellor of the Exchequer Philip Hammond (pictured) has now accepted the case for dramatically reducing FOBTs stakes and is currently engaged in discussions with the Secretary of State for Digital, Culture, Media and Sport, Matt Hancock, and others about how to fill the estimated ￡400 million (7. Online Casino 78 million) shortfall such a move would create in the public purse. It cited anonymous sources as revealing that the Conservative government of Prime Minister Theresa May could subsequently look to makefree spins no deposit sign up bonus up this predicted deficit by instituting higher taxes on other forms of gambling. Raging Bull Slots Sign Up The newspaper reported that the bookmaking industry annually makes an average of ￡50,000 (,712) per machine via FOBTs and had responded to criticism by suggesting that it would be willing to accept a reduction in the maximum stake per spin to around ￡20 (. Online Casino 88). For its part, the Gambling Commission regulator had earlier suggested a figure of about the ￡30 (. Online Casino 82) mark while officials had purportedly moreover been considering lower alternatives of ￡10 (.

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