The British Amusement Catering Trade Association (Bacta) has welcomed the decision by the UK Treasury not to remove any coins or notes from circulation. Last March, UK Chancellor of the Exchequer Philip Hammond called for the reassessment of UK Currency’s ‘lowest denominations’, focusing on whether 1p and 2p coins had become ‘obsolete’. Acting on behalf of British amusement interests, Bacta …
Read More »
bacta – the trade association for UK amusement and gaming machine industry stakeholders has moved to update its social responsibility charter and code of practice. Seeking to develop its strongest responsibility code, starting this month bacta will demand that all its 490 members abide by ‘thirteen pledges’ on principals relating to player protections, staff training, premises maintenance and age verification. Supporting …
Read More »
The UK government has confirmed this afternoon that it will bring forward its planned FOBTs £2 machine wagering reduction from October to April 2019. UK Culture Secretary Jeremy Wright has announced the government’s policy U-turn on the contentious issue of FOBTs wagering which has divided government departments. The 2018 Budget announcement on 29 October, saw the UK treasury criticised for failing to …
Read More »
Fixed Odds Betting Terminals (FOBTs) have returned to the news once again, after a first-tier tribunal found in the favour of bookmakers, which could potentially see them rake in a billion pounds in paid VAT from 2005 to 2013. The original decision by the tribunal deemed that Category B2 games should have been VAT exempt from 2005 to 2013, after …
Read More »
Bacta has detailed that its members are to convey industry outrage over a proposed delay in implementing the £2 stake on FOBTs (fixed odds betting terminals), at a Treasury meeting next week. The meeting, which is set to be held at The Treasury on Wednesday 25 July, will see a senior delegation of figures from the UK trade association, including …
Read More »
Bacta Chief Executive John White has reassured members that contrary to recent speculation, the review of FOBT stakes has not been shelved and is encouraging Chancellor Philip Hammond to take a ‘holistic view’ of the broad and powerful economic benefits contained within the association’s triennial submission. Commenting on last week’s FOBTs story which appeared in the Daily Mail, stating that …
Read More »
Talarius, the UK’s largest operator of Adult Gaming Centres (AGCs), announced that it will be rejoining BACTA, citing the UK trade body for the amusements and leisure sector’s recent change in leadership. The company stepped down from BACTA in April last year, however, with the recent appointment of John White as BACTA’s new Chief Executive, Talarius will once again become …
Read More »
Explaining the value of the meeting John White said: “Naturally I am very keen to hit the ground running and the opportunity to meet with members of the IOA Group, many of whom are old friends, was extremely welcome. There are very close links between the IOA and BACTA and a number of IOA members have served the trade association with …
Read More »
SBC News Voice of the Sports Betting Industry