John Whittingdale holds talks with betting regulator over self-styled ‘stock market of football’
The new gambling minister, John Whittingdale, has demanded that the betting regulator explain what it is doing about Football Index, the self-styled “stock market of football” that suspended trading and began insolvency proceedings last week leaving customers potentially facing huge losses.
Whitehall sources said Whittingdale had held “frank” discussions with the Gambling Commission, which is without a permanent leader following the surprise immediate resignation of its chief executive this week.