In 2005, then PM Tony Blair decided to have the necessary changes in the gambling industry. It helped grow the gambling industry in the UK. However, fast forward today, it seems that there are people who are affected by the growth of the gambling industry in the last 14 years. One, you have people who don’t really have the money gambling and taking their chances.
This is the reason why Labour MP Tom Watson is looking to have the 2005 Gambling Act to be changed. According to Watson, he believes that there should be restrictions regarding how much the customers can wager. This move isn’t actually new. Last year, the stakes on fixed-odds betting terminals have been significantly decreased from £100 to just £2.
Of course, this development can be quite tricky. Should the government really control gambling these days in the UK? Given the fact that people can easily bet on their favorite games using their mobile devices, it could potentially affect people. Nowadays, with people’s access to technology improving, it is a different climate compared to 2005. It is easy for people today to get addicted to gambling which can have severe effects on a person’s finances. Could this actually be the right move for the UK?