World news and discussion on TalkFuse.
Alastair Campbell’s son back in business despite his former betting firm owing £5million
Rory Campbell, son of former Tony Blair adviser Alastair Campbell, has started a new data and consultancy business after his football betting syndicate collapsed in 2024. The former firm’s investors say they lost millions and allege it operated like a Ponzi scheme; police detained a man in 2025 on suspicion of fraud by false representation, and he was later bailed.
Launched in 2017, the syndicate used mathematical models to place as many as 80 bets a week, with some stakes reaching $30,000. Investors were told returns averaged 8 per cent annually, but later faced delays withdrawing money and were warned they might recover only 50 to 65 per cent. Reported losses rose to an estimated £8 million by December 2024, while the article says the former firm owed £5 million; Campbell’s new company is registered in Somerset, where he holds 60 per cent of the shares.
In short
- Rory Campbell has launched a new data and consultancy company.
- Investors say his former betting syndicate left them with major losses.
- Police detained a man in 2025 on suspicion of fraud linked to the firm.
Europe Football Sport UK World