Bookmaker news: Racing punter takes book to court!

By Martin Green12 September 2018
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Bookmaker news: Racing punter takes book to court!

NHS boss Simon Stevens has laid into several leading bookmakers for ignoring their duty to help tackle gambling addiction. He said eight operators that sponsor Premier League clubs have failed to stump up the necessary cash to fund charity GambleAware, leaving his health service to “pick up the pieces”. He also called on Premiership clubs to do more to tackle the problem, as Gamble Aware declared that the relationship between sport and gambling had “reached a tipping point”, with bookies sponsoring nearly half the clubs in the Premier League, and more than two-thirds of the Championship teams. “There is an increasing link between problem gambling and stress, depression and other mental health problems,” said Stevens. “Doctors report that two-thirds of problem gamblers get worse without help, and the NHS does offer specialist treatment. But reports that foreign gambling companies are failing to play their part in co-funding help for addicts are deeply concerning. Taxpayers and the NHS should not be left to pick up the pieces. The health of the nation is everyone’s responsibility.” The BBC has more on this.

A Northern Irish horse racing punter has secured a date in court to lock horns with Bet365 over £1,009,793 in thus far unpaid winnings. Student Megan McCann place a £13 each-way Lucky 15 bet on 12 horses running in four races, at Bath, Kempton and Naas, on the evening of June 22, 2016. The total stake came to almost £24,000 and it generated winnings of £984,833. With the returned stake on her winning combinations, she expects to be paid £1,009,793. However, Bet365 refused to pay her winnings, claiming that her stake for the bet was provided by a “third party”, which contravenes the firm’s terms and conditions. It has also refused to return her initial stake. More than a year ago McCann instructed solicitor Andrew Montague to sue Bet365 for her total payout. The dispute will finally reach a courtroom on November 13 after, with the Royal Courts of Justice in Belfast hearing the case. The Guardian has the full story.

Another punter claims that Betfair has failed to pay him £3,000 after he successfully bet on the number of corners and throw-ins at a certain time in a football match. “No money was going into my account for what I was sure had been winning bets,” he said. “Betfair insisted the games had been correctly logged. So I made recordings and took screen grabs of games I’d bet on.” He claims Betfair eventually paid him as it grew sick of his complaining, but then closed his account. Check out The Sun for more details.

Shares in William Hill rose 5% after it tied up a big deal with Eldorado to provide sports betting at 21 of its casinos across the US. The deal gives Eldorado – which operates casinos in New Jersey, Mississippi and Nevada, plus several states in which sports betting is not yet legal – a 20% stake in William Hill’s US arm. It followed several deals that William Hill announced with Penn State-owned casinos, and offers further evidence of its aggressive bid to corner out a leading share of the lucrative, burgeoning US sports betting industry. Shares in the overall group shot up as a result, and the Financial Times has crunched the numbers.

A Swedish lawyer claims that the “strange” situation whereby gambling ads flourish in the country despite being outlawed will change when licensing comes into force on January 1, 2019. It will soon be made illegal to “aid and abet” illegal operators from advertising to Swedish punters, making it very difficult for unlicensed bookmakers to appear on the market. Gambling Compliance has the lowdown on this.