Football Index sparks uproar by slashing dividends days after “minting” new shares

Out-of-pocket customers flock to Twitter to vent their anger and call for UK Gambling Commission to step in

Football Index caused outrage among customers at the weekend by announcing significant reductions in dividend pay-outs just days after shares in new players were “minted”. The Jersey-based platform allows users to buy and sell “shares” in footballers by placing a three-year bet on whether a player’s value will rise, while dividends are paid out relating…

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