UK gambling rules relaxed to boost industry and edconomy
5 January 2009LONDON, England -- As reported by the Digital Journal: "England has just relaxed the gambling laws of the country in order to generate more funds for the government and to boost the local gaming industry.
"In Britain, beer joints, clubs and similar establishments are allowed to install slot machines in their premises for adult customers to place their bets on, and gamble with their money.
"Gambling rules have been relaxed recently by the government regulators as they increased the minimum bets from 50p to one pound with the prize doubling from 35 to 70 pounds. Times Online reports: 'The relaxation of gambling rules is expected to provide a boost to the industry in the downturn by generating an extra 20% in revenue. The treasury will also benefit from an additional 27 million pounds a year in VAT'..."