Nigel Huddleston has said it would not be ‘appropriate’ to use public funds Government minister Nigel Huddleston has said that it would not be “appropriate” for public funds to be used to compensate former users of Football Index, which collapsed last year. Football Index was an online gambling platform which allowed ‘investors’ to place bets […]
3 years ago
Football Index imploded in March, with countless users losing life-altering amounts of money An independent review commissioned by the British government into the regulation of Football Index has lambasted the role of the Gambling Commission following the betting platform’s spectacular collapse earlier this year. Launched in 2015, Football Index, licensed by the Gambling Commission, imitated […]
4 years ago
Football Index, the trading platform for football fans, have issued a statement regarding distribution of funds after it entered administration
5 years ago
“When people gamble, they should be gambling on an event; they shouldn’t also be gambling on the viability of the product…” Some have seen would-be deposits on houses disappear; others, the entirety of their life savings. It’s barely been two weeks, yet Matt Zarb-Cousin has already heard countless stories from those who, within a matter of […]
5 years ago
“We weren’t gambling on footballers. We were gambling on Football Index.” Scott Hancox knew almost instantly that the news was bad. After finishing a week of work, he was on the couch at home with a beer in hand when the notification from Football Index pinged through on his phone. Before he had even read […]
5 years ago
Gambling platform Football Index has had its licence suspended by the Gambling Commission after it went into administration on Thursday
5 years ago