IMPLEMENTATION OF £2 STAKE ON FIXED ODDS BETTING TERMINALS

That this House welcomes the Government's decision to cut the stake on Fixed Odds Betting Terminals to £2; acknowledges that a £2 stake is now supported by parties across this House; notes that a reduced stake will greatly improve the lives of problem and at-risk gamblers, as well as their families and wider communities; further notes with concern that each day £5 million is lost on such machines; notes with equal concern that the stake is not due to be reduced until April 2020; and calls on the Government to implement this new reduced stake of £2 immediately, to prevent any further gambling related harm or possible loss of life.