Tag Archives: Boris Johnson

Winning Post – UK Politics Wheel of Fortune spins again…

Industry strategic consultancy Regulus Partners kick starts the week by assessing the potential impacts of the UK General Election (12 December) on betting incumbents and stakeholders. UK: First thoughts on UK’s Snap General Election  Rules, it seems, are there to be broken. Despite the passing of the Fixed Term Parliaments Act 2011 (which sought to establish General Elections on a …

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Corbyn’s turn sees bookmakers point towards a ‘Snap Christmas’

Bookmaker trading teams have rushed to revise their UK political betting markets, as media reports that opposition leader Jeremy Corbyn will change the Labour Party’s stance on a December General Election (yet to be confirmed). With EU leaders agreeing to extend Article 50 negotiation terms until 31 January 2020, and with Conservative Party opposition withdrawing ‘No Deal Brexit’ from negotiations, it …

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UK not leaving EU on October 31 trading on exchanges at 97%

Punters have shown little faith in PM Boris Johnson passing his Brexit deal in Parliament before the 31st October, with the possibility of a deal being reached currently trading at 3% on the Smarkets betting exchange.  Johnson continues to face an uphill battle in Westminster, having lost a succession of important votes since taking up the role of Prime Minister.  …

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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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