William Hill recorded a substantial backing for Leicester West MP Elizabeth ‘Liz’ Kendall to become the Labour Party’s next leader. Early UK betting markets on the Labour leadership, had not marked Kendall as a main contender for leadership, with bookmakers pointing to a three horserace between Chuka Umunna, Andy Burnham and Yvette Cooper. Yesterday William Hill announced that Kendall’s had …
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Bookmakers present three-horse race for Labour Leadership
Following last week’s disastrous UK General Election which saw the Labour Party post a 9% decline in constituency seats to 232 (2010 Election: 256). The left-wing political party must now tackle the critical choice of who will be its leader following the departure of Ed Miliband. Less than a week since the conclusion of the UK General Election (7 May), …
Read More »Bookmakers fail to call UK General Election result
The betting market’s reputation as the best political outcome poll/indicator has taken a bit of a beating, with the Conservative Party winning a slight majority after yesterday’s General Election. Throughout the build up to the 7 May General Election, political betting markets had favoured a Hung Parliament which would be led by a Labour Minority. Bookmakers William Hill, Coral and …
Read More »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 …
Read More »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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