UK Ministers to investigate into Football Index

Football Index

UK government Ministers are planning to initiate an investigation into the collapse of the ‘football player trading exchange’ Football Index.

The Times reported that legislators are ‘anxious’ by the operator’s collapse after users lost over £100 million following its crash into bankruptcy.

Furthermore, a UK government source told the outlet, “This case reinforces the need for our comprehensive review of gambling laws.”

“This independent investigation into Football Index will feed into that work. Also, we would make changes to regulation for the protection of people.”

Football Index is the trading arm of BetIndex. Users bought shares here in active players, winning dividend payouts based on a footballer’s on-pitch performance.

Categories:

Tags:

Share:

Facebook
Twitter
LinkedIn
Email
Nassima Azmzm

Nassima Azmzm

Leave a Comment

0 responses on "UK Ministers to investigate into Football Index"

Leave a Message



Qasiknow.com is born out of the necessity of sharing information and knowledge with everyone in the gaming industry who is interested in learning, growing, discovering different points of view and ways of doing things.

Upcoming Events

top
Copyright ©️ Qasiknow.com | All rights reserved.
X
Skip to toolbar