UK election betting scandal: all you need to know about the world of political wagers
The controversy over bets placed on the UK election date has thrown a light on a little known sector of the gambling industryThe furore around a flurry of bets placed on the date of the general election, before Rishi Sunak announced it, has shone a rare spotlight on a niche area of the gambling world. The scandal began with revelations in the Guardian about a wager placed by one of Sunak’s political aides, Craig Williams.Three other people close to the prime minister are are being looked into by the Gambling Commission, in what has become a snowballing crisis for the Tories. But how does political betting work, how popular is it and how can inside information allegedly be used to beat the bookies? Continue reading...
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