Tag Archives: Brexit

Political spread betting company Sporting Index saw unprecedented action in the run-up to Britain’s EU referendum on Thursday of last week.  It was a painful night for the firm as its clients consistently favoured Leave throughout the campaign, resulting in a six figure loss for the company. Sporting Index was the first bookmaker to offer a market on turnout and …

European bookmaker Tonybet has revealed that UKIP leader Nigel Farage did not accept Antanas Guoga’s (Tony Guoga) €1 million charity bet on Britain remaining in the European Union. The €1 million bet personally wagered by Guoga, would have capped off a victorious night for Farage as the ‘Leave’ camp won a nail-biting EU Referendum taking 52% of the votes. Guoga the …

The UK’s EU referendum may have left the bookmaking industry scrambling for position, but Michal Kopec of Better Collective thinks that the industry will soon recover from the shock Brexit result. Michael, who is Senior Business Manager for the company, also commented on the plummeting British pound in the immediate aftermath of the result, and the effect on Gibraltar based operators, who …

Many woke up in shock today as it was announced that the British public had voted for a Brexit. It was a historic day for bookmakers as it was for UK politics, with the amount of trading on the day saw the event reach a political betting highs. The Betfair Exchange EU Referendum market reached a record £127m of traded …

British bookmakers have declared the EU Referendum to be the largest political betting market of all time as wagers pass the £100 million mark. This morning Ladbrokes stated that its ‘EU Referendum’ market had become its biggest non-sporting event of all time, beating the previous record held by last year’s UK General Election. William Hill declared that its customers had …

The EU Referendum is tomorrow and whilst Remain remains the strong favourite across bookmakers, the odds have fluctuated somewhat wildly since the Leave and Remain campaigns began their work to convince the voting public that their opinion is the right one. There have been some sizable bets placed on the event on both sides, and William Hill stated that it expected …

With the Brexit vote on Thursday of this week the race is hotting up but a high volume of bets have been being placed for some time. The bookmaker William Hill has stated that it expects £20million to be gambled on the outcome of the EU Referendum. It has also been noted that there have been some sizable bets on both …

As David Cameron faces the most significant week of his leadership term, with the UK heading for its EU Referendum next Thursday (23 June). Bookmaker William Hill has shortened the odds to 5/2 on Cameron standing down as PM before the end of June. Cameron has publically stated that he will remain as UK PM, regardless of Thursday’s Euro Referendum …

I moderated a European Update panel session at the annual conference of the International Association of Gaming Advisors, which took place earlier this month in Malta. Predictably, one topic that produced heated debate was the lack of harmonization, or even hope of harmonization, of gambling laws and licensing processes across the EU Member States but this led on to the …

With ‘Remain’ currently trading at a 77% chance and with just 13 days to go, Betfair’s ‘Brexit’ market is set to trade £50 million and in doing so make political betting history.  The EU referendum market has seemingly captured the attention of Betfair customers. There have been tens of thousands of individual trades ranging from £2 to £315,000 showing that …