After nine months of delay, allowing another £340 million to drop conveniently into Treasury coffers, the government has announced a review into the maximum stakes allowed on fixed odds betting terminals.
These machines allow the hopelessly optimistic to gamble up to £100 every 20 seconds on games such as roulette. There are now almost 35,000 of these terminals across the country, effectively turning high street bookmakers into casinos. Punters lost £1.7 billion on them last year, allowing the Treasury to bank £450 million in tax.
Read the full story in The Times