The UK’s political betting markets have been rocked by a scandal that’s raising tough questions about integrity, privilege and the future of wagering on politics.
The Gambling Commission has charged 15 individuals, including former Conservative MP Craig Williams, senior party officials and a police officer, with offences under the Gambling Act 2005, following an explosive investigation into bets placed on the timing of the 2024 general election.
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At the heart of the case is the allegation that these individuals used confidential, advanced knowledge of the election date, announced unexpectedly by then-Prime Minister Rishi Sunak in May 2024, to gain an unfair edge in betting markets.