Posted: January 8, 2025, 03:43 pm.
Last updated: January 8, 2025, 03:43 pm.
The son of Tony Blair's former chief spin doctor could face a criminal investigation in the UK over the collapse of his sports betting syndicate. many times London report.
Rory Campbell, son of Alastair Campbell, the Blair government's communications director and chief strategist, is embezzling more than £5million from investors in his ill-fated football betting fund.
According to sources spoken to, Campbell, 37, informed investors that the syndicate had collapsed about two weeks ago Mail on Sunday.
Campbell claimed this happened because sportsbooks in Asia had failed to pay out winnings to the syndicate, according to investors.
Bettor 'unpaid since January'
But a separate investor told the Racing Room betting podcast on Monday that he believes Campbell's main punter has not been paid since January. This may be significant because Campbell did not inform investors that the fund may be at risk until mid-July.
Racing Room co-presenter, AK Bets founder Anthony Kaminskas, said he was invited to join the syndicate but declined, and he knew some disgruntled investors. He read a message from a person who preferred to remain anonymous.
“For six months investors have been demanding any kind of evidence of non-payment by Asian agents and speculators,” Kaminskas wrote. “Not just refusing to provide anything… but talking to investors like they're idiots and not entitled to ask where their money went.”
“It is completely impossible to lose everything this way,” he added. “All syndicates, including his, use multiple bookmakers and agents to ensure the best price. They have not all been evil.
“(…) Some people believe that the syndicate was running at a loss. It was not. It was winning in seven of the last eight years… The only person who knows how these bets were placed is Rory.
smart investor
Podcast members emphasized that Campbell's supporters were not naive individuals investing their life savings in a get-rich-quick scheme. They were all smart, experienced gamblers and industry stakeholders, and included a former executive racing postA high-ranking official of the British Horseracing Authority and even a television racing presenter.
They included Alastair Campbell who invested £300,000 in his son's fund.
Investors say they expected a 4% return on their money at the end of the last soccer season in May. When this did not happen, Campbell assured that there were “no holes” in the fund and that they could expect to receive their money “in full” by the end of July.
many times London said talks between the two camps to find a compromise broke down on Friday. One investor has filed a lawsuit in the London County Court to recover £266,000, while others are threatening to report Campbell to the Serious Fraud Office if he does not reveal where the money went.
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