Tag Archives: Boris Johnson

Brexit’s ‘Super Saturday’ going down to the wire

A frantic 24 hours has seen all UK betting operators revise their political betting markets, with Brexit entering its do-or-die moment, as Parliament is summoned to a Saturday sitting, voting on PM Boris Johnson’s exit deal. On first delivery, the chances of Commons approving Johnson’s deal were met with scepticism, as yesterday betting exchange Smarkets reported that an extension of …

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Smarkets: A50 extension likely as DUP shuts down Boris’ deal

With only two weeks to go until the UK is due to leave the European Union, the UK government this afternoon presented its withdrawal terms, yet bookmakers are sceptical of a ‘Halloween departure’ on 31 October as markets trade at 78% for an Article 50 extension.  Online betting exchange Smarkets has reported a spike in trading this morning following the …

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Johnson odds-on to become shortest-serving Prime Minister

Following on from the Government’s defeat in the Supreme Court yesterday afternoon, Paddy Power has tipped Boris Johnson to become the shortest-serving Prime Minister in UK history. The bookmaker has slashed the odds on Johnson resigning his position as PM after the Supreme Court ruled his decision to suspend Parliament was unlawful, with odds now listed as 2/1 that he …

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Government reshuffle sees Helen Whately appointed UK Gambling Minister

The Department for Digital, Culture, Media & Sports (DCMS) has confirmed the appointment of Helen Whately MP for Faversham and Mid Kent as its minister overseeing UK gambling. The Conservative government undertakes a reshuffle of departments and personnel, following the expulsion of twenty-one of its MPs and further senior cabinet resignations, having opposed the party’s stance over PM Boris Johnson‘s Brexit …

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PM tipped for further defeats says Paddy Power

As Parliament is due to be given another chance to vote for a general election on Monday, making it the second opportunity this week, Paddy Power has made it odds-on that MPs will choose to vote against an early election. Boris Johnson has faced a difficult week in Westminster, having faced a party rebellion, a number of resignations and a …

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Triggered… Paddy Power suspends UK General Election markets

Updating its UK political markets, Paddy Power becomes the first bookmaker to suspend wagering on a UK 2019 General Election being triggered, following news that Prime Minister Boris Johnson has called for a senior cabinet meeting later this afternoon. Commenting on market trading, Paddy Power details that odds on a General Election being officially announced had fallen from 2/5 this …

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No-Deal Brexit trading hits lowest trading price on Betfair Exchange

Following Boris Johnson’s controversial decision to prorogue parliament next month, the Betfair Exchange reports that the odds of a ‘no-deal Brexit’ are being traded at their lowest prices this year.  Odds of a no-deal scenario have now been priced at 5/4 according to Betfair, marking a drop from the 5/2 earlier this month, and 9/1 earlier this year. Updating the …

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Paddy Power shortens odds on BoJo scrapping backstop

As Boris Johnson’s trip over to the continent has continued to attract attention from UK media, Paddy Power has shortened its odds on whether BoJo can secure a deal with Angela Merkel where a backstop doesn’t exist, despite her outlining a hard line 30-day time limit. The Irish bookmaker has been offering odds of 8/1 that BoJo can agree a deal …

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Rebecca Pow to oversee gambling industry following cabinet reshuffle

As part of last week’s Cabinet reshuffle following Boris Johnson’s appointment, it has been confirmed that MP for Taunton Deane Rebecca Pow will be tasked with overseeing both the horseracing and gambling sectors rather than sports minister Nigel Adams.  Pow was re-appointed as the parliamentary under secretary of state for arts, heritage and tourism at the Department for Digital, Culture, …

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Cabinet comeback sees Nicky Morgan take charge of DCMS

The office of new UK Prime Minister Boris Johnson has confirmed the appointment of  Nicky Morgan MP for Loughborough as Secretary of State for Digital, Culture, Media & Sport (DCMS). DCMS the government department which oversees the regulatory development, implementation and oversight of gambling laws formed by the UK Gambling Commission (UKGC) changes leader for the fourth time in three …

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