New rules authorized by the U.K. government have increased the maximum payout on slot machines from £35 to £70 -- about $50 to about $150 -- while gamblers will be able to wager £1 rather, about $2, than 50p, about a dollar. The relaxation of the gambling rules reportedly was authorized by Andrew Burnham, the Culture Secretary in the Labor Cabinet of Gordon Brown.

Burnham assented to the increases because he wants to help firms boost sales figures.
The new policy is thought likely to boost revenues from machines by 20 per cent while providing the Government with a £27million-a-year injection, just over $50 million, of value added tax (VAT).

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Advisors to the prime minister were said to have been considering a £10 rise, about $20, in the biggest prize and a 10p increase, about 25 cents, in the maximum stake but were reportedly briefed by industry figures that this would not be enough.

Some observers warned a move to relax gambling laws as Britain enters a recession would encourage new players to try the games.

It is believed that generally between 80 and 90 per cent of money bet by players is paid out in prizes internationally, yet in Britain a legal minimum limit of 70 per cent was ended two years ago.


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