HC Deb 07 December 1933 vol 283 c1806
17. Sir PARK GOFF

asked the Home Secretary whether, in view of the decision of the Government to discountenance such lotteries and sweepstakes as are regarded in law as gambling transactions, he will include in any contemplated legislation arising out of the Betting Report a provision to withdraw recognition in law from debts arising from margin accounts on stack exchange speculations for the rise and fall in quoted securities?

Sir J. GILMOUR

The Government have not yet taken any decision on the questions relating to lotteries and betting which have been engaging their attention, and I cannot attempt to forecast the provisions of the Bill which I hope to introduce soon after the Recess.

Sir P. GOFF

Is my right hon. Friend aware that the amount of money turned over on Stock Exchange gambling is far greater than the amount risked in lotteries and sweepstakes?