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Fifteen Charged in UK Election Betting Scandal, Including Former Tory MP

The Gambling Commission has filed charges under the Gambling Act 2005, alleging insider information was used to exploit betting markets on the 2024 general election date.

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Overview

  • Fifteen individuals, including ex-Conservative MP Craig Williams, face charges for alleged cheating under Section 42 of the Gambling Act 2005.
  • The charges stem from a Gambling Commission investigation into insider betting on the July 4, 2024, UK general election date, announced three days after the bets were placed.
  • Notable figures charged include former Tory campaign director Tony Lee, ex-chief data officer Nick Mason, and parliamentary candidate Laura Saunders.
  • The Metropolitan Police had dropped its parallel investigation in August 2024, citing insufficient evidence for misconduct in public office.
  • The accused are scheduled to appear at Westminster Magistrates Court in June 2025, marking a key step in the case with significant political and regulatory implications.