Jackpot Plot to Fix Slump ; Exclusive

The PeopleNovember 07, 2010

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Summary


FRUIT machines will pay out big cash prizes twice as often in a Government-backed gamble to boost the faltering economy.

Ministers are to change the law to make it easier for punters to win pounds 500 jackpots by raising the maximum stake for each bet from pounds 1 to pounds 2. It will improve the odds of punters winning the pounds 500 top prize from 5,000-1 to 2,500-1. The number of times machines pay out smaller prizes will increase, too. John Penrose, Minister for Culture and Tourism, hopes the move will pull punters back into bingo halls and amusement arcades, which have seen as much as a third of their trade wiped out by the recession.

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Jackpot Plot to Fix Slump ; Exclusive

Fears that the move would encourage Britain...

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