Tag Archives: labour

William Hill – UK awaits landscape changing by-election results

With the crucial constituency by-elections of Stoke-on-Trent Central (Staffordshire) and Copeland (Cumbria) taking place tomorrow, William Hill politics believes that the results may set the agenda for the future of UK politics. Updating its by-election markets, William Hill details that political punters are speculating that the results could spark a change of leader for different parties and even mark a …

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Too Late! No gambling provisions to be attached to the Wales Bill

The UK government will not allow the ‘Wales Bill’ to be amended in order to add new gambling legislations for the national assembly. On Monday Labour and Plaid Cymru attempted to add ‘final hour’ provisions to the bill, seeking to give the Welsh assembly the right to restrict and regulate gambling machines on betting shop premises. Late in the game …

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William Hill – Smith has slim labour leadership chances despite Khan endorsement

This weekend’s shock news that London Mayor Sadiq Khan has sided with Owen Smith against Jeremy Corbyn in the Labour Leadership Election has seen bookmaker William Hill reduce its odds on Smith winning party leadership from 11/2 to 9/2. Khan who had been thought of as a ‘Corbyn stalwart’, changed his position on the current Labour leader, citing that the …

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UK Bookmakers cool on Owen Smith Labour leadership ambitions

UK bookmakers appear adamant that Jeremy Corbyn will keep his position as Labour Party leader despite the electoral challenge of Shadow Work & Pensions Secretary Owen Smith. Smith will now challenge Corbyn at the upcoming Labour Party Elections on 24 September as sole leadership candidate, with Angela Eagles (Shadow Secretary of Business) having yesterday announced her departure from the race …

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William Hill – Corbyn Labour victory clobbers UK Bookmakers

William Hill has stated that Jeremy Corbyn’s Labour leadership victory, has hit UK bookmakers for millions of pounds. Alerting the UK media this weekend, William Hill stated that Corbyn had achieved the biggest UK political gamble ever. An unprecedented campaign which saw far-left Corbyn as a 200/1 leadership outsider in May, caught momentum with Labour party members and powerful trade …

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“Done Deal” for Labour as Paddy Power pays out early on Corbyn victory

Paddy Power has announced another early political pay-out, as the bookmaker confirmed that it had cashed out + £100,000 on Jeremy Corbyn winning the Labour Leadership Election. Releasing a statement to the UK media, the bookmaker reported that it had closed the political market with almost a month of party member voting left (results will be announced on 12 September). …

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Betfred – Labour Leadership market reaches £250,000 in wagers

UK independent bookmaker Betfred has revealed that it has recorded £250,000 wagered on the outcome of the Labour Party Leadership election. The bookmaker stated that its market levels were unprecedented, reaching its highest levels for a party political leadership campaign. With candidate ballots due to be sent out today to party members, the bookmaker revealed that it had recorded 50% …

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Few positive signs for gambling from General Election

Tomorrow sees one of the closest UK General Elections for 40 years and it feels like a pivotal one for the gambling industry. None of the outcomes are good for our sector, just varying degrees of how bad the impact is going to be on us. Given the long run up to the election, the campaigning parties have not touched …

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Miliband becomes bookmakers favourite to win UK General Election

Labour leader Ed Miliband has reversed UK bookmaker’s odds, and is now the favourite candidate to become Prime Minister after next month’s General Election. Bookmakers Ladbrokes, Paddy Power and Betfair have placed Miliband as favourite to win on 7 May, making the labour leader the General Election market favourite for the first time since October 2014. Paddy Power has now …

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Paddy Power criticised for targeting UK immigrant areas

Listed betting operator Paddy Power, has been criticised by UK MPs and anti-gambling campaigner, after research from the Campaign for Fairer Gambling (CFFG) showed that 61% of Paddy Power’s 327 UK betting shops were located in high density immigrant areas such as Newham and Brent in London. Anti-gambling campaigners have criticised the bookmaker of deliberately targeting immigrant areas knowing that …

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