Posted on: December 9, 2025, 06:07h.
Last updated on: December 9, 2025, 06:07h.
- Property tycoon loses appeal to reclaim major Betfair gambling losses.
- Court rules Betfair not liable despite high-volume betting activity.
- Evidence showed gambler concealed issues and insisted he could afford losses.
A UK property tycoon who lost £1.5 million (US$2 million) wagering soccer games at Betfair has lost his bid to claw the money back from the betting exchange in London’s Court of Appeal.