Government in the storm

Betting on election date: blizzard on Tories MPs

'Gamblegate' is likely to be the focus of tonight's debate between PM Sunak and Labour's Starmer, the last live televised meeting before next Thursday's vote

by Nicol Degli Innocenti

Regno Unito, l'annuncio reale dello scioglimento del Parlamento

3' min read

3' min read

LONDON - With exactly one week to go until the election date, 'Gamblegate' is yet another shingle for the Conservative party, which is already in a popularity crisis and behind in the polls. This is how the scandal about betting on the date of the vote placed by several Conservative MPs has been baptised. There were 15 of them, according to the latest reports, who allegedly made thousands of pounds using confidential information.

The Gambling Commission's investigation is ongoing and there is no official confirmation of the number of suspects or the exact amounts they allegedly won. Some names have already emerged, however, and several people have already admitted to placing bets on an election in July, without confirming whether they were aware of the premier's intentions.

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Rishi Sunak had surprised everyone, including his ministers, when he announced on 22 May that elections would be held on 4 July instead of October or November as planned. The graph plotting the volume of bets placed on an election in July shows a sudden surge on 21 May, the day before the announcement. After days of betting for a few pounds, suddenly the total spikes to almost six thousand pounds.

That is why the red alert went off at the Gambling Commission, which launched an investigation. The first name to come up was that of Craig Williams, MP and parliamentary secretary for Sunak, who admitted to betting £100 on a vote in July and earning £500 and apologised for his 'mistake'.

Then came confirmation that a policeman, one of the premier's bodyguards, was arrested and suspended from duty for betting on the election date. According to reliable sources, five other policemen are now under investigation for the same offence.

Placing a bet fraudulently, i.e. by exploiting confidential information, is tantamount to insider trading and can lead to a prison sentence of up to two years in addition to a fine.

The circle around Sunak tightened further when it emerged that both Tony Lee, the Tories' campaign manager, and his wife Laura Sanders, a candidate for the party in Bristol, were among those under investigation for betting on an election in July. Then it was the turn of Nick Mason, head of the party's computer system, who allegedly made thousands of pounds by placing multiple bets.

Today an incumbent minister, Alister Jack, in charge of Scotland, admitted to betting on the date of the vote and winning, but insists he committed no crime because he had not been informed in advance of Sunak's choice. That's not all: Russell George, a Conservative MP in the Welsh Parliament, suspended himself because he was under investigation by the Gambling Commission.

Betting is a very common pastime in Great Britain and betting shops or 'betting shops' are a visible presence in every city and town. The British like to bet on horse racing or football matches, but bets can be placed on almost anything, including political events. It is a business worth over £14 billion a year, which is why it is monitored and regulated.

The scandal, which is expected to mount further in the coming days, will probably lead to a revision of the rules. There is in fact nothing to prevent MPs or ministers from betting on political events: the offence is only triggered if they use insider knowledge to earn money in an illicit and fraudulent way. Today Ed Davey, leader of the Liberal Democrat party, expressed the opinion of many by stating that politicians should be prohibited from betting, just as footballers are prohibited from placing bets on the outcome of matches or tournaments.

Yesterday, to set a good example, the Labour leader Keir Starmer promptly suspended a Labour candidate, Kevin Craig, who had bet against himself, betting money on him losing the election.

Starmer stressed that Craig's mistake was not as serious as that of the Conservative candidates, and compared his decision-making in suspending him anyway to the uncertainty shown by Sunak. The PM, while declaring himself 'deeply angry' at the behaviour of some of his close associates, hesitated for several days before depriving the candidates involved of the party's support. If the Tory candidates now under investigation are elected as MPs, they will be considered 'independents' and not affiliated with the party.

Gamblegate is expected to be the focus of tonight's debate between Sunak and Starmer, the last live televised meeting before next Thursday's vote. Sunak will be on the defensive: according to the latest poll released today by Ipsos, 83 per cent of voters have a negative opinion of the government, while 75 per cent have a negative opinion of the premier - the worst result for 40 years for any leader.

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