22 March 2010
Online Slots Guide - CasinoMan

Gambling free-for-all is shelved


news
29 May 2003Printer Friendly VersionPost a CommentTell a Friend about this Article

Labour's plans for a gambling free-for-all are set to be shelved in an embarrassing climbdown by ministers. Culture Secretary Tessa Jowell announced the shake-up just over a year ago, amid predictions of a casino on every High Street.

It would have let casinos open 24 hours a day and offer million-pound slot machine payouts, and could have raised £1.5bn a year in tax.

But the Government's crowded Parliamentary timetable means a gaming law is not expected in this autumn's Queen's Speech, which sets out legislation for the coming year. It is set to be postponed until after the next General Election - and may never be introduced at all.

Jowell had wanted a gaming Bill that would also privatise the Tote and change National Lottery licence terms, with Camelot likely to lose its exclusive right to run draws. These changes are expected to go ahead separately. No final decision has been taken, but a well-placed source said: 'It looks more likely every day that we will lose gambling.'

Parliamentary time has been lost partly because of Tony Blair's pledge to halve the number of asylum applicants by September. New measures have been announced to tackle the asylum issue and some will need legislation.

A climbdown on gambling will be greeted with dismay by gaming bosses, who hoped to make billions of pounds. Analysts calculated the industry's turnover could have jumped from £7bn a year to £10bn. That could have reaped £1.5bn annually in taxes.

Some Labour Party donors are likely to be disappointed, including Peter Coates, owner of Provincial Racing and director of internet bookmaker Bet365, and Michael Watt, head of Octagon CSI, which sells satellite TV racing coverage.

The shake-up would have seen Blackpool become Europe's gambling capital with a £1bn complex planned. It would have ushered in US-style casinos with floorshows and huge slot-machine jackpots. Bingo halls were to be allowed to have Lottery-style rollovers, roulette wheels and blackjack tables.

LinkedIn Digg Twitter Facebook Reddit Delicious Stumbleupon

Related Articles:
news
Las Vegas-style casino for Yarmouth? - 27 September 2005
Blair challenged on casino talks - 08 August 2005
Blair and Jowell 'misled MPs over US casino talks' - 08 August 2005
Sports911.com Monitors Betting on the 2005 UK General Elections - 01 May 2005
U.K. Firms Oppose Blair's Gaming Bill - 31 January 2005

Top Online Casino Choice

English Harbour
English Harbour


Welcome Bonus | 100% up to $200 free on first 4 deposits
Rushmore Casino
Rushmore Casino


First Deposit Bonus | 100% match bonus up to $400 (15x rollover)
Vegas Casino Online
Vegas Casino Online


High Roller Bonus | 20% bonus up to $1000
Readers Comments
No comments have been submitted yet for this article.
Post a Comment
Name:
Email:
Comment:
CAPTCHA:
rc1rc2rc3rc4
Newsletter Updates - I would like to receive the latest news articles and exclusive bonuses from the CasinoMan Newsletter. (more info »)

Latest News

Casino of the Month

This month our online casino of choice is:
All Slots Casino
All Slots Casino Review
BONUS: 450 credits back as 10% cash back

Gambling Newsletter

Top 100 Online Slots
Name:
Email:

Law Articles

casinos
Click to Download Click for More Info Gambling Toolbar