Latest News
UK Ministers to Launch Investigation into Collapse of Football Index

The UK Ministers are planning to launch an investigation into the collapse of the football player trading exchange company Football Index. Legislators are deeply concerned by the collapse of the operator, after users lost over £100 million following its crash into insolvency.
“This case further reinforces the need for our comprehensive review of gambling laws,” a government source told.
“This independent investigation into Football Index will feed into that work and if we need to make changes to regulation to protect people, we will.”
After making the decision to cut dividends on players from 14p to 3p, the Jersey-based company suffered a player and investor exodus, with some customers losing tens of thousands, and many scrambling to sell their shares and leave the site, prompting a crash.
The firm’s operating licence was subsequently suspended by the UK Gambling Commission (UKGC), whilst standards body the Betting and Gaming Council (BGC) also suspended its membership.
-
Asia7 days ago
Parimatch Hosts Rooftop Meet & Greet with Sunil Narine
-
Asia5 days ago
Jetapult-backed UMX Studios launches DriftX, a mobile car racing game
-
Latest News7 days ago
John Wright and Darrell Helyar Appointed to Board of Trustees of BetBlocker
-
Asia6 days ago
FOMO7 Expands Platform with 46 New Indian Lottery Games
-
Industry News7 days ago
ZEAL Network CEO Helmut Becker Will Not Extend His Contract Beyond January 2026
-
Latest News7 days ago
Salsa Technology brings FORMULA-BET to BiS SiGMA Americas and reinforces its Brazilian essence
-
Latest News7 days ago
Danes’ Spending on Gambling Increased in February
-
Cryptocurrency5 days ago
Slotland Entertainment Rolls out Dazzling New Slot, 8 Crystals, Across Multiple Brands with new Cryptocurrency Integration