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FOBT stake reduced to £2
Since our last update on this matter here a press release has been issued by the Department for Digital, Culture, Media & Sport stating that the FOBTs maximum stake is to be reduced from £100 to £2. This is as a result of the consultation detailed in our previous update and is to try to “reduce the risk of gambling related harm.”
As well as this reduction, the Government have also confirmed a number of other steps that will be taken, a detailed list can be seen within the press release here
The reduction in the FBOTs stake will be brought in through secondary legislation.
We will keep you informed of further progress, but if you would like any information or advice in the meantime, then please do not hesitate to contact a member of the licensing team.