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UK bookmaker suspends betting on a Greek euro exit
Want a flutter on Greece leaving the euro zone? It may already be too late. A surge in bets has forced Britain's second-biggest bookmaker, Ladbrokes, to suspend betting after repeatedly slashing the odds on Greece dropping out of the euro zone by year end. The failure of Greece's leaders to form a government has renewed speculation that Greece could be forced out of the single currency. "It is safer for us to suspend betting than to keep cutting the odds," a spokesman for Ladbrokes said. "We have been slashing the odds repeatedly over the last few days." "If we get some positive news we will open the book again," he ... (full story)
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