Subject	Predicate	Object
tYNN3CL2	a	Resource
		Answer
		Written answer
	answer has question	oZjk5Rn0
	answer has answering person	Robert Edward Jenrick
	answer text	<p>Pool Betting Duty raises around £4m in revenue for the Exchequer per year. Cutting Pool Betting Duty to 1% could pose a risk to the public finances from a reduction in General Betting Duty revenue as bookmakers would have an incentive to switch their products from fixed odds bets to pools bets.</p><p> </p><p>It is unlikely to increase usage of the football pools which has been in long term decline due to the poplularity of other gambling products.</p>
	answer given date	2019-01-21
	answer has answering body	HM Treasury
	written answer has answering body	HM Treasury
HM Treasury	answering body has written answer	tYNN3CL2
HM Treasury	answering body has answer	tYNN3CL2
oZjk5Rn0	question has answer	tYNN3CL2
Robert Edward Jenrick	answering person has answer	tYNN3CL2