Oral Answers to Questions

Lord Watson of Wyre Forest Excerpts

Thursday 31st October 2013 Commons Chamber

[Mrs Grant]

I remember reading that article in the Kent Messenger. I would emphasise to my hon. Friend that there is certainly no green light for FOBTs; we will be reviewing their existence and functioning very carefully.

[Mr Tom Watson (West Bromwich East) (Lab)]

13. The stakes taken by these machines are so great that they have become a magnet for money laundering gains. Coral, the bookmakers, has recently been exposed for taking £900,000 of laundered money. The Serious Organised Crime Agency thinks the problem so great that bookmakers should be included in money laundering directives from the EU, which are currently under review. What is the Minister’s view?

[Mrs Grant]

As I keep repeating, my view is that these machines raise serious issues, but we need to take a fair and decent approach to the issue of problem gambling, while not over-regulating bookmakers. We therefore need to do our research and look at the matter in detail so that we can come up with a balanced, sensible and fair way forward.