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Industry
June 26, 2024
Labour Suspends Candidate Who Bet against Himself, Lib Dem Leader Admits to Betting
The United Kingdom’s Gambling Commission is now investigating yet another politician, this time from the Labour Party. According to reports, Kevin Craig, the party’s candidate for Central Suffolk and North Ipswich, has placed a wager against himself. Craig was suspended from his party after the Labour learned of his wager. In addition, the party will […]
Industry
June 26, 2024
More People Get Incriminated in the British Elections Betting Scandal
The UK Gambling Commission suggested that five more police officers have wagered on the timing of Rishi Sunak’s snap election. The national election has become the subject of controversy amid instances of potential insider betting. According to the Metropolitan Police, the officers in question were providing protection to royals, politicians and diplomats. No one has […]
Legal
June 25, 2024
UKGC Investigates Another Conservative over Election Date Bets
Yet another British Conservative Party member is being investigated over potential insider betting. The investigation by the UK Gambling Commission (UKGC) comes amid a gambling scandal over Tory politicians placing wagers on political outcomes. The fourth Conservative Party administration member suspected of being involved in the scandal is its chief data officer, Nick Mason. Like […]
Industry
June 21, 2024
UK PM Outraged at Insider Betting Allegations
Prime Minister Rishi Sunak has expressed outrage over allegations that Tory insiders placed bets on the upcoming election’s outcome. He has vowed to take decisive action against anyone found guilty of violating gambling laws, including expulsion from the Conservative Party. However, the damage may have already been done, further damaging the Tories’ image. Several High-Profile […]
Industry
June 20, 2024
PM Sunak’s Bodyguard Arrested for Alleged Bets on the Election Date
One of Prime Minister Rishi Sunak’s police bodyguards was put under arrest on Monday, June 17, over accusations of alleged bets on the date of the upcoming General Election in Great Britain, before the official announcement. The GC Investigating Potential Date of the Election Offences According to the Metropolitan Police force in the UK, the […]
Industry
June 20, 2024
Another Tory Candidate under Scrutiny Due to Alleged Election Betting
Earlier this month, media outlets reported that Craig Williams, a senior aide of Rishi Sunak, allegedly placed a wager on the date of the upcoming general election in the country. This prompted an investigation by the UK Gambling Commission over political betting. Allegations against Williams claim he put a £100 bet on the upcoming elections […]
Blockchain
June 18, 2024
Gambler Charged for Betting on Taiwan Election via Crypto Site
A man in Taiwan has been accused of allegedly using a crypto betting site to wager on this year’s elections. According to prosecutors from the Shilin District Prosecutor’s Office, a man with the surname “Chen” used the Polymarket platform to wager on the result of the elections that ended on June 13. The same Prosecutor’s […]
Industry
June 13, 2024
UKGC Reportedly Investigates MP Candidate over Political Betting
Craig Williams, a senior Rishi Sunak aide, is being investigated over a wager on the date of the upcoming general election. The man confirmed that he put a wager on the election and promised to cooperate with the probe. According to an earlier report, Williams, who is a prospective MP for Montgomeryshire & Glyndwr, placed […]
Industry
June 3, 2024
Trump Tops PredictIt Markets Despite the Guilty Verdict
Former US President Donald Trump, was just found guilty on 34 charges of first-degree falsification of business records, related to an affair with adult film star Stormy Daniels. Yet, political bettors’ backing for him has barely shifted. The guilty verdict had the notable effect of immediately causing a spike in political betting activity. PredictIt, a […]
Blockchain
May 28, 2024
Donald Trump Grows Lead over Biden with Support from Crypto Voters
Betting on the outcome of political events has been gaining increasing popularity over the last few years. The activity got increased attention from bettors, who also favored other strange bets that deviated from the outcome of sports competitions, including wagers for crypto developments, music concerts and other real-world events. In the last week, Donald Trump, […]
