ΑΒΒ not planning to fight Labour

2 Oct 2017

abb labourThe Association of British Bookmakers According has publicly stated that they will not veto the recent Labour proposal on UKGC licensed bookmakers. According to this proposal, bookmakers will have to pay a compulsory levy that will go towards helping problem gamblers.

Tom Watson, Labour Deputy Leader, unveiled the proposal in Brighton, where the Party Conference took place. Watson insists on handling gambling similarly to tobacco some years ago. This is clearly stated on the recent campaign slogan “treat betting like tobacco”.

In response to the plan Peter Craske from ABB told TotallyGaming.com: “The Association of British Bookmakers fully support an evidence based approach to helping problem gambling in the UK and would support Mr Watson’s idea of a review, if it facilitated this. We also would not oppose an appropriate, compulsory levy on the gambling industry to fund problem gambling treatment, as we have long argued that the gambling industry needs to work together to reduce the number of problem gamblers and address the fact that most problem gamblers move between different forms of gambling.”

At the present time, bookmakers donate 0,1% of annual profit to Gamble-Aware, in order help fund the care for problem gamblers. Last year the amount was £7.8 million pounds to the cause.

Totally Gaming says: Supporting this proposal shows the positive intentions of The ABB, however it should be noted that a further Labour policy would be to impose a £2 maximum stake on FOBTs, something that The ABB have warned would lead to the closure of numerous betting shops. We therefore await whether Labour could implement this tax or succumb to the bookmakers' pressure.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

After a week off due to national team fixtures the English Premier League returns to action, and what a better way to do start matchday 9 than with th...

Read more »

Gambling can be traced in Germany all the way back to Roman times when soldiers were playing several forms of dice games. At some point after the intr...

Read more »

The UK Gambling Commission fined online betting operator Betway £408,915 for marketing on the kids’ section of the West Ham United Football Club...

Read more »

The 2021 report from the Malta Gaming Authority (MGA) has been released. The MGA generally took less regulatory actions, such as issuing fewer warning...

Read more »

The 2022 European Cricket Championships, held in Malaga, Spain, now have Stake.com as an official partner. The T10 competition, in which 21 national t...

Read more »

Just one week after an impressive 49-goal matchday 1, UEFA Champions League action is back. Among all the exciting events, the one that stands out the...

Read more »

LeoVegas Group, the renowned igaming operator, disclosed on Thursday that English Premier League giants Manchester City is the subject of a new partne...

Read more »

The moment football fans worldwide have been waiting for has finally come. The 2022-23 UEFA Champions League season is officially underway with 8 matc...

Read more »

After expanding into Colorado, their second active US state so far, Bet365‘s presence in the North American market has grown. Bettors in the Cen...

Read more »

The 2022 summer transfer window ends on the night of September 1st. As the deadline day is rapidly coming close, top European clubs are looking to sea...

Read more »

LATEST BOOKMAKER PROMOTIONS