Question to the Department for Digital, Culture, Media & Sport:
To ask the Secretary of State for Digital, Culture, Media and Sport, whether her Department is taking steps to financially redress people who lost money with the collapse of the Football Index.
The government appreciates the significant impact that the collapse of the novel gambling product Football Index had on former customers. Administration proceedings for BetIndex, the company which operated Football Index, are continuing. These are looking at the assets and liabilities of the operator and what is owed to customers. It is likely that this process will result in some amounts being reimbursed to creditors.