NFL stock market You know sports betting is booming in the United States when a service launches that offers something other than the typical wagering experience. On Monday, the Mojo app, founded in part by former baseball star Alex Rodriguez, went live in the New Jersey market, giving customers the opportunity to buy and sell… Read more »
Football Index
Football Index Transferred £15m in Player Funds to Its Parent Company
Spent money that wasn’t theirs The Football Index scandal was bad. It was a disaster for thousands of the site’s users, but there was still some question when all was said and done as to whether or not management was incompetent or unethical. Signs leaned toward the latter, but what The Athletic recently uncovered tilts… Read more »
Football Index Customers Can Withdraw Their Cash Balances
Something is better than nothing Football Index account holders are now able to login and withdraw their cash balances. In an announcement on Tuesday, the now defunct soccer betting site said that the cash out procedures are the same as they have always been. Customers should expect funds to reach their bank accounts in two… Read more »
Court Orders Football Index to Repay Customers £3.2m
Defunct soccer gambling site Football Index announced Tuesday that the UK High Court has handed down an order that will allow many of the site’s customers to find financial relief. Football Index is required to reimburse its customers £3.2m ($4.5m). The judge ruled that administration (essentially bankruptcy) began on March 26, 2021, so customers who… Read more »
Independent Investigation to Probe Football Index Downfall
It felt inevitable and now it is officially going to happen: an independent investigation will be launched into the sudden collapse of soccer betting site Football Index. According to a Sunday report in The Times, UK Members of Parliament (MP) were the catalysts for the inquiry, one of whom said, “something appears to have gone… Read more »
Football Index Collapse Sending Shockwaves Through the UK Government
Stock exchange for soccer stars British legislators are looking to roll some heads in the ongoing saga of the soccer betting exchange Football Index and its parent company, BetIndex Limited. Members of Parliament are looking squarely at the UK Gambling Commission and, of course, BetIndex itself. Football Index is a European soccer betting site that… Read more »