Court of appeal finds against punter who sued Betfair following £1.5 million gambling loss
Google News
The Court of Appeal dismissed a £1.5 million claim by a gambler against Betfair, ruling they weren't obligated to protect him from his losses.Summary
Lee Gibson, a property tycoon, sued Betfair to recover £1.5 million lost over ten years, arguing they should have intervened due to his problem gambling. He claimed Betfair breached its license by failing to protect him. However, the Court of Appeal upheld a previous High Court decision, finding that Gibson consistently assured Betfair he could afford his gambling and passed anti-money laundering checks. The judges stated there was no evidence Betfair knew or should have known Gibson was a problem gambler. This case was considered a potential test case for other gamblers seeking to recover losses, but the ruling prevents a potential flood of similar claims.
(Source：Google News)