A multimillionaire “problem gambler” who blew nearly £1.5m on football wagers is suing Betfair for his money back in a landmark case, claiming it was under a duty to protect him from himself.
Buy-to-let property tycoon Lee Gibson told a court he placed more than 30,000 individual wagers through betting exchange Betfair during a “prolific” gambling period between 2009 and 2019.
Although he said he initially found it “enthralling and exciting”, his losses became “unsustainable”, and in March 2019, his account was suspended for good.
Mr Gibson, 47, of Leeds,…