Labour Faces Scrutiny Over £1 Million in Gifts from Betting Firms

Senior Labour figures accepted substantial gifts from betting companies, totaling £1 million. The revelations follow recent controversies and have sparked internal criticism within the party.

October 2 2024, 08:57 AM  •  288 views

Labour Faces Scrutiny Over £1 Million in Gifts from Betting Firms

Recent disclosures have revealed that prominent Labour Party members received gifts valued at £1 million from betting firms, raising questions about the party's relationship with the gambling industry. This information comes to light as the UK approaches its next general election, which must be held no later than January 2025.

Rachel Reeves, a key figure in the Labour Party, accepted three tickets for a musical in 2023 from the Betting and Gaming Council, an organization established in 2019 as the single industry association for betting and gaming in the UK. Additionally, Reeves received £20,000 in donations to support her private office from gambling industry executives.

Jonathan Reynolds, the Business Secretary, was gifted a ticket worth £3,457 for the European Championship semi-final at Wembley Stadium in July 2021. The ticket, which included matchday hospitality, was provided by Entain, the parent company of well-known bookmakers Ladbrokes and Sportingbet. Ladbrokes, founded in 1886, is one of the oldest bookmakers in the UK.

Louise Haigh, the Transport Secretary, also benefited from the generosity of betting firms. She received tickets and hospitality for a League One match between Barnsley and Sheffield Wednesday at Wembley Stadium in May 2022, with gifts totaling £1,421.

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The Labour Party has accepted a total of £1.08 million from individuals within or connected to the gambling sector. A significant portion of these donations came from Derek Webb, a former international poker player and table game designer. Webb contributed £750,000 to Labour in 2024 and £300,000 in 2023. Interestingly, Webb has also provided financial support for efforts to reform the gambling sector, including legal assistance for Gambling with Lives, a charity founded in 2018 to represent families affected by gambling-related suicides.

Other notable contributors include Richard Flint, the former chief executive of SkyBet, and Lord Mendelsohn, a Labour peer and chairman of Evoke, a company associated with William Hill. SkyBet, founded in 2001, and William Hill, established in 1934, are major players in the UK gambling industry, which generated £14.2 billion in gross gambling yield from April 2019 to March 2020.

These revelations follow a recent controversy involving Sir Keir Starmer, the Labour Party leader since April 2020, who faced criticism for accepting gifts, including designer suits, from Lord Alli. This has led to internal dissent within the party, with Rosie Duffield, a backbench MP, resigning from Labour last week. Duffield accused Starmer of presiding over "sleaze, nepotism and apparent avarice" that is "off the scale."

It's worth noting that the acceptance of gifts by political figures is not limited to the Labour Party. The current Prime Minister accepted a £25,000 donation in support of his leadership campaign in 2020 from Peter Coates, the chief executive of bet365.

The UK gambling industry is regulated by the Gambling Commission, established in 2007. As the debate over gambling reform continues, the Labour Party's current policy advocates for stricter gambling laws, including more stringent advertising regulations. This stance appears to be at odds with the party's acceptance of substantial gifts from the betting industry, potentially creating a conflict of interest as the UK approaches its next general election.

"All donations are declared in line with Electoral Commission rules and regulations. The Labour Party is committed to reforming gambling laws to make them fit for the digital age, including stronger advertising regulations and affordability checks."

Labour Party spokesperson

As the political landscape evolves, the relationship between political parties and the gambling industry remains a topic of intense scrutiny and debate.