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Bookies Say It’s Almost All Over as Gamblers See No Brexit

From bloomberg.com

Bookies and gamblers are strengthening in their conviction that the U.K. will opt to remain in the European Union, as polls show a swing away from a so-called Brexit. Ladbrokes Plc said Tuesday that the odds on a “Remain” vote had shortened to a 2/9 chance, indicating an 82 percent probability. Brexit opponents may win with 50 percent to 55 percent of the vote, wagers on the Betfair exchange suggest. “As far as the money’s concerned, it looks like Brexit is beginning to fall at the final hurdle,” Jessica Bridge, a spokeswoman for Ladbrokes, said in an e-mailed statement. The company said late Monday that some 95 ... (full story)

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