Britain's gamblers have lost out in the Queen's Speech, with a delay in plans to liberalise restrictions on betting.

The government announced that further draft clauses of a bill on gambling will be published, but that legislation will not be taken through parliament in the current session.

The hopes of towns such as Blackpool to remodel themselves on Las Vegas will be dealt a blow by the move.

Draft clauses on the proposed Gambling Commission and other major elements of the bill such as the protection of children have already been published.

The new draft clauses, to be published early next year, will address "gambling in pubs and clubs, chain gifting, advertising and some other more technical issues".

Also missing from the Queen's Speech were plans to sell the Tote to a consortium of racing interests.

The move was a Labour manifesto commitment in the last general election.

The legislation is expected allow the Tote to be sold to a racing trust, abolish the horserace betting levy and reform the regulation of betting on racing.

A Bill setting up a new National Lottery distributor to take on the functions of the Community Fund and the New Opportunities Fund is also notable for its absence.

The new distributor, when created, is expected to control 50 per cent of the Lottery money intended for good causes.

Legislation will also be needed to set up an Olympic fund, which would contribute £1.6 billion to a London Olympics in 2012 if the city is selected to host the Games.

The failure to win any places for its legislation in the Queen's Speech marks out Tessa Jowell's Department for Culture, Media and Sport as one of this year's main losers.