House of Lords Business
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Lord Foster of Bath to ask Her Majesty's Government what assessment they have made of the finding by the Centre for Economics and Business Research, in a report published by bacta on 10 January, that if the maximum stake of fixed odds betting terminals were reduced from £100 to £2 the reduction in annual Gross Gambling Yield to high street betting shops would be £335 million; and how they reached the conclusion in their consultation on proposals to reduce such stakes that that reduction would be £639 million.  HL4748

Question HL4748: tabled on 16 January 2018 and due for answer by 30 January 2018

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Question text

Lord Foster of Bath to ask Her Majesty's Government what assessment they have made of the finding by the Centre for Economics and Business Research, in a report published by bacta on 10 January, that if the maximum stake of fixed odds betting terminals were reduced from £100 to £2 the reduction in annual Gross Gambling Yield to high street betting shops would be £335 million; and how they reached the conclusion in their consultation on proposals to reduce such stakes that that reduction would be £639 million.  HL4748
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Lord Foster of Bath
Liberal Democrat
Life peer