UK betting operator Ladbrokes is being sued for millions of pounds by a disgruntled gambler who claims the company should have known his bets were placed illegally.
This week, Terry Allan, who owns a recruitment firm in Abderdeen, Scotland, sued GVC Holdings’ Ladbrokes division in London’s High Court, seeking reimbursement of £3.37m that the 57-year-old Allen claims to have lost betting with the firm over a three-year period spanning 2016-18.
Allen says his total betting losses are significantly greater than £3.37m, but he’s yet to calculate losses for the years 2014 and 2015. Allen is also seeking 8% annual interest on both his declared losses and those he’s yet to reveal.
Allen claims to have bet up to £400k per week through a specific Ladbrokes betting shop in Aberdeen’s Rose Street, becoming so familiar to shop staff that he had a dedicated phone line installed to ensure he didn’t have to wait to make his wagers.