Bonanza for the bookies as ??10m is placed in bets - Tuesday 12th of April 2005

The general election will produce the biggest political betting bonanza with more than ??10million being gambled on the outcome, bookmakers said today.

Turnover last time was down because Labour were favourites but since the removal of betting duty and the advent of gambling via the internet, political betting has flourished.

Graham Sharpe, spokesman for William Hill, said: "We have already seen bets of ??50,000 and ??20,000 for Labour and two bets of ??10,000 for the Conservatives."

William Hill have Labour 1/10 favourites to emerge as the largest party, with the Conservatives at 11/2 and the Lib-Dems 66/1.

But Hills have Tony Blair at 9/2 to exceed Margaret Thatcher's tenure at 10 Downing Street before standing down.

Other news from around the same time

Take it or leave it for Gambling Bill - Tuesday 12th of April 2005

The government has issued a "take it or leave it" ultimatum to the House of Commons in a b....


Is Illinois gambling sinking? - Tuesday 12th of April 2005

Since its inception in 1991, riverboat gambling has delivered an economic bonanza in Illinois, gener....


Which port is No. 1? - Tuesday 12th of April 2005

When Port Canaveral passed Port Everglades near Fort Lauderdale in cruise-passenger traffic several ....


IT'S NO BLUFF: CASINO OSCARS - Tuesday 12th of April 2005

TV poker is upping the ante ??? with an awards show of its own. The first-ever "Casino Awards&q....


Casinos revitalize towns, but future uncertain - Tuesday 12th of April 2005

Ornate black and gold street lamps line the newly paved sidewalks of Elgin???s downtown, and dozens ....


Senecas' role in casinos expanded - Tuesday 12th of April 2005

Making good on a campaign promise to increase the Seneca Nation's control over its casinos and impre....


250m at stake in tribe's gamble - Tuesday 12th of April 2005

FOUR hundred years after welcoming the Pilgrim Fathers at Plymouth Rock, the native American Seconke....


China reports 10,000 arrests in gambling crackdown - Tuesday 12th of April 2005

Police carrying out a nationwide anti-gambling crackdown have arrested more than 10,000 people and c....


The last spin of the wheel - Tuesday 12th of April 2005

The future of the gambling bill will be decided this week - and Michael Howard may hold all the chip....


Hands across the ocean - Tuesday 12th of April 2005

Philosopher and poker obsessive Nicholas Fearn sails off on a cruise with Europe's most fe....