A betting scandal using inside information has rocked UK politics ahead of the July election. But what exactly is inside information and how can it be misused?
Craig Williams leaving 10 Downing Street in March.
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The UK Supreme Court has shown that misusing inside information to deliberately gain an objectively improper advantage, when gambling, constitutes cheating.
The recent A-League yellow card scandal raises questions about the ever-expanding range of betting options, both in terms of gambling problems and sports integrity.
The spinning wheel game ‘EO’ became popular after statutes banned gambling with devices featuring ‘numbers or figures.’
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Early writers on probability had explained how the ‘house advantage’ didn’t need to be large for a gambling enterprise to profit enormously. But gamblers and gambling operators were slow to catch on.
People look at OpenBet sports betting venue products at the Scientific Games booth during the Global Gaming Expo in 2018 in Las Vegas.
(AP Photo/John Locher)
The rise of sports betting, fuelled by the proliferation of online platforms and the legalization of gambling in many areas, has brought new complexities to the world of sports.
These CCNY basketball players, arrested for bribery in 1951, weren’t happy to see a photographer in the station house.
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When the US Supreme Court legalized sports betting, states were quick to get in on the action. But as lawmakers grow reliant on taxes from betting, what do they owe problem gamblers?
Christian McCaffrey and the San Francisco 49ers will try to stop the Kansas City Chiefs from winning their third Super Bowl in five years.
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What makes the NFL’s embrace of gambling so striking is that for most of its history, the league had pushed the government for stricter regulations – not more lenient ones.
Fyodor Mikhailovich Dostoevsky – Vasily Perov (1872).
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Professor of Economics and Finance. Director of the Betting Research Unit and the Political Forecasting Unit at Nottingham Business School, Nottingham Trent University