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Experts: UK Gambling Bill Will be Buried or Delayed14 January 2005LONDON, United Kingdom -- As reported by Reuters: "Britain's controversial overhaul of its gambling industry has become an embarrassment and could be seriously delayed or scrapped altogether, politicians and analysts said on Thursday. "The gambling bill, which aims to modernise 40-year-old legislation, allowing Las Vegas-style super-casinos, has angered campaigners, health experts and casino operators alike. "Waning support from the industry turned to outright hostility in December when the government announced stringent new caps on their expansion plans -- wiping over 300 million pounds off their combined market value in the space of a few hours. "'We believe the government has gone down something of a cul-de-sac, producing a bill that almost nobody wants,' Malcolm Moss of the opposition Conservative party told Reuters. "'The whole thing is a bit of an embarrassment,' said analyst Robin Chhabra of Evolution Securities. 'They spent 3 or 4 years researching the bill and then in a few weeks, on the back of a few comments from the Daily Mail (British newspaper), the whole thing got butchered.' "...A government spokesman said they were confident the bill would become law..." |