Ex-Rishi Sunak Aide Among 15 Charged for Insider Betting on UK Election Date

  • Craig Williams among 15 charged over election date betting
  • Other senior Conservative officials also charged
  • UK Gambling Commission says betting with inside info is a criminal offense

A former private secretary to former UK prime minister Rishi Sunak was among 15 people charged by the country’s gambling regulator for offenses related to insider election betting on Monday morning.

UK election betting scandal, Craig Williams, Rishi Sunak aide, UK Gambling Commission, Laura Saunders Ladbrokes, Tony Lee, Nick Mason
Craig Williams, a former aide to Prime Minister Rishi Sunak, has been charged with insider betting ahead of the surprise 2024 UK election announcement. He placed £100 via Ladbrokes at odds of 5/1. The betting platform reported the incident to the UKGC. (Image: Sky News)

Former Conservative MP Craig Williams was one of Sunak’s closest aides. In July last year, he admitted placing a £100 (US$131) bet at 5/1 on a general election taking place just days before the prime minister made the surprise announcement that Brits would indeed be heading to the polls. At the time, Williams refused to comment on whether the bet was made using privileged information.

Top Tory Officials Charged

Others charged Monday following an extensive investigation by the UK Gambling Commission (UKGC) include Tony Lee, then the Conservative Party’s director of campaigns, and his wife, Laura Saunders.

The latter was standing in the election as a Conservative member of parliament for Bristol North West until her involvement in the scandal prompted her withdrawal. The party’s chief data officer, Nick Mason, is also charged.

The election announcement was unexpected. In the UK, national elections must be held no more than five years apart, but their timing is otherwise determined by the prime minister.

In a statement Monday, the regulator said that betting with insider information constitutes an offense of cheating under Section 42 of the Gambling Act 2005, and is punishable by up to two years in prison.

The commission has the authority to bring criminal prosecutions where appropriate under sections 27 and 28 of the Gambling Act.

Final Straw

The betting scandal was the final nail in the coffin for an already deeply unpopular Conservative government. It precipitated an avalanche win for the Labour Party that swept Keir Starmer into power.

A poll just before the election found that one in nine voters said they would change the way they voted as a result of the scandal. The survey showed the incident had eroded whatever trust voters had left in the party’s ability to govern.

Former Conservative cabinet minister Michael Gove admitted the scandal “sucked the oxygen out of the [Conservative election] campaign.”

‘Politically Exposed’

The UKGC began its investigation after Williams’ wager on the Ladbrokes sports betting platform triggered an immediate red flag.

While betting on political outcomes is legal in the UK, the markets are small and closely monitored, especially one like this where the result could be known by a select few.

Under anti-money laundering (AML) regulations, operators must pay close attention to politicians who use their services. That’s because lawmakers, known as “politically exposed persons” or “PIPs” in AML jargon, carry a greater risk of involvement in bribery or corruption, and therefore, money laundering.

Ladbrokes passed its suspicions about Williams on to the gambling regulator.

Philip Conneller
Philip Conneller Senior Reporter

In Philip Conneller’s eight years with Casino.org, he has covered the gaming industry from Las Vegas to Macau and everything in between. He currently focuses his coverage on gaming law, white-collar crime, global money laundering, tribal gaming, politics, and regulation.

Philip was the original features editor for poker’s Bluff Magazine and editor for Bluff Europe, which he helped launch. His writing has also been featured in ESPN, Forbes, Time Out, The Sun, and The Daily Star, as well as iGaming Business, eGaming Review, and numerous other industry news and tech websites.

His news stories for Casino.org/news have been linked by The Washington Post, The Daily Mail, People Magazine, and Jimmy Fallon's Tonight Show, among many others.

Philip once won $20,000 with 7-2 off-suit. He has been reprimanded for unwittingly playing Elton John’s piano on two separate occasions on both sides of the Atlantic.

He became a writer because he is a lousy pianist.

Philip lives outside London with his wife and children, where he spends his time agonizing about Arsenal FC.

Contact Philip at philip.conneller@casino.org.

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