BETTING CHIEF ALLEGED TO HAVE DONATED TO UK LABOUR
PARTY
4 September 2009
Bet365 gambling boss alleged to have paid a
GBP100 000 'thank you' for more relaxed betting laws
The Daily Mail ended the week on a controversial note
with an article claiming that Bet365 director and
football club owner Peter Coates had paid a "...GBP100
000 'thank you' to Labour after his firm benefited from
the controversial decision to relax the [UK] betting
laws." The relaxed laws enabled online casinos,
bookmakers and betting websites to advertise on TV.
The newspaper described Coates as a director of the
online gambling firm Bet365, which it reports is worth
around GBP275 million, and as the owner of Premiership
football club Stoke City. It goes on to claim that he
has "handed over GBP400 000 in five years", vehemently
inisisting that he is a lifelong Labour supporter and
was not seeking to influence ministers.
Coates's
latest donation was made public in the quarterly
accounts of the Electoral Commission, which monitors
donations to political parties. Hillside (New Media),
the company behind Bet365, made a GBP100 000 donation to
Labour in June.
In 2007, Labour accepted a
donation of GBP150 000 from Bet365 weeks before Gordon
Brown scrapped plans for a Las Vegas- style supercasino
in Manchester, the Daily Mail claims.
Coates,
who built his business empire after starting out
supplying catering at football grounds, is also alleged
to have handed over GBP50 000 in June 2004 and another
GBP100 000 in December 2005 as the Government's
proposals for a more enlightened approach to gambling
were taking shape.
Read more:
http://www.dailymail.co.uk/news/article-1209811/Questions-betting-bosss-cash-donation-Labour.html?ITO=1490#ixzz0PXtopMJA
Online Casino News Courtesy of
Infopowa
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