Labour Urges Gambling Probe Into Reform UK Linked Firms

The Labour Party has requested that the Gambling Commission investigate Tether.bet and Fispay for allegedly operating unlicensed gambling activities within the United Kingdom. Tether.bet, a Montenegro-based firm owned by cryptocurrency tycoon Christopher Harborne, reportedly used Fispay to process bets and winnings. Fispay is a UK-registered financial intermediary owned by Mowbray Jackson, the data protection officer for Reform UK.

Bridget Phillipson, chairwoman of the Labour Party, demanded transparency from Reform UK leader Nigel Farage, linking the unlicensed gambling allegations to a broader pattern of financial questions. Farage is currently under investigation by Parliamentary Commissioner Daniel Greenberg regarding a £5 million donation he received from Harborne.

Reform UK allies have denied the allegations. Mowbray Jackson stated that Fispay exclusively brokered private jet travel and did not provide gambling facilities. Additionally, George Cottrell, an ally of Reform UK linked to Tether.bet, claimed he was only a customer of the platform. Both Tether.bet and Fispay are accused of violating the Gambling Act 2005 by operating without the required licenses.