Pre-Triennial treasury signal? Economic argument for FOBT maximum stakes dismissed

As the industry awaits the Triennial Review consultation document, expected before the end of October, analysts have labeled treasury secretary Chris Philip MP’s recent support for a £2 maximum stake as “particularly significant”. Hammond’s backing came in the form of a ResPublica report recommending a £2 maximum stake, along with speculation on how much influence the conservative minister holds within the Treasury. “The self-styled ‘free marketer’s’ dismissal of economic arguments for non-intervention seems particularly significant,” said Dan Waugh, partner at gambling consultancy Regulus Partners. “Given his official role, he may be assumed to have some influence on the Chancellor [ ] The post Pre-Triennial treasury signal? Economic argument for FOBT maximum stakes dismissed appeared first on Coinslot.
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