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£2 FOBT limit welcomed by Methyr Tydfil MP Gerald Jones

News | | Published: 17:00, Friday May 25th, 2018.

LOSING STREAK: Millions of pounds are gambled and lost each year on Fixed Odds Betting Terminals in the county borough

Merthyr Tydfil and Rhymney MP, Gerald Jones, has welcomed the UK Government’s decision to cut the maximum stake for Fixed Odds Betting Terminals (FOBTs) to £2.

Currently, Fixed Odds Betting Terminals allow punters to stake £100 every 20 seconds on electronic versions of casino games, such as roulette.

The UK Government has decided to cut the maximum stake to just £2.

Gerald Jones MP said: “The Tory UK Government has dragged its heels over this issue. However, I am very pleased to see this announcement which is a very encouraging step forward to ending the cycle of misery that these machines cause.”

The Ikon Partnership Limited

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