Football Index
Football Index collapse: UK minister says it is ‘not appropriate’ to compensate users

Football Index collapse: UK minister says it is ‘not appropriate’ to compensate users

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 […]

4 years ago

Gambling Commission criticised in review into Football Index collapse

Gambling Commission criticised in review into Football Index collapse

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 Collapse – Clean Up Gambling director calls for government action

Football Index Collapse – Clean Up Gambling director calls for government action

“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

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