Liz Truss Steps Down, Boris Johnson Coming Back? Latest Odds, and a Casino Coming to Times Square?
That was quick. Liz Truss has announced she will be stepping down as Prime Minister of the UK.
Remarkably, Boris Johnson is being discussed as someone who would be replacing Truss. BetOnline has his odds the fifth shortest paying $100 on a $10 bet.
Another former Prime Minister, Theresa May, is coming in at 25-1 odds.
The favorite as of Thursday morning was Rishi Sunak at +165 odds, paying out $16.50 for every $10 bet or $165 for every $100 bet.
Truss announced her resignation Thursday afternoon UK time.
She said “I cannot deliver the mandate on which I was elected.”
Truss was mostly pushed out after being forced to abandon the majority of her economic policies, which caused the British economy to go into convulsions.
Ahead of her announcement, Conservative lawmaker Simon Hoare said the government was in disarray.
“Nobody has a route plan. It’s all sort of hand-to-hand fighting on a day-to-day basis,” he told the BBC on Thursday. He said Truss had “about 12 hours” to turn the situation around.
“It’s time for the prime minister to go,” lawmaker Miriam Cates said prior to her resignation. “She isn’t up to the job, sadly.” Legislator Ruth Edwards said “it is not responsible for the party to allow her to remain in power.”
At 44 days, Truss is now the shortest serving Prime Minister in UK history.
BetOnline has offered the following odds on the UK political front:
Next Conservative Party Leader
Rishi Sunak
+165
Penny Mordaunt
+350
Jeremy Hunt
+500
Ben Wallace
+800
Boris Johnson
+1000
Grant Shapps
+1000
Kemi Badenoch
+2500
Theresa May
+2500
Michael Gove
+3000
Suella Braverman
+3000
James Cleverly
+5500
Sajid Javid
+6500
Nadhim Zahawi
+7500
Dominic Raab
+7500
Keir Starmer to be Labour Leader at Next Election?
That's a big YES as a -5000 favorite.
Next Labour Party Leader
Andy Burnham
+500
Lisa Nandy
+550
Wes Streeting
+550
Rachel Reeves
+600
Angela Rayner
+700
Yvette Cooper
+1000
David Lammy
+1000
Jess Phillips
+2000
Rosena Allin-Khan
+2800
A Casino in Times Square?
The New York Times on Wednesday profiled a new proposal for a Times Square casino, which already is facing opposition from the Broadway League.
One of the city’s biggest commercial developers is pitching a glittering Caesars Palace casino.
Dana Rubinstein, Nicole Hong and Michael Paulson of the NY Times write:
The developer, SL Green Realty Corporation, and the gambling giant Caesars Entertainment are actively trying to enlist local restaurants, retailers and construction workers in joining a pro-casino coalition, as the companies aim to secure one of three new casino licenses in the New York City area approved by state legislators earlier this year.
The proposal has enormous implications for Times Square, the symbolical and economic heart of the American theater industry, and a key part of the city’s office-driven economy. Although foot traffic in Times Square was almost back at 2019 levels during recent weekends, theatergoers and office workers have been slower to re-embrace a neighborhood where violent crime has risen.
One thing going for the possibility of a casino in Times Square, overall attendance and box office grosses on Broadway are lagging well behind prepandemic levels
The obstacles are many.
There is already a competing bid for a casino in nearby Hudson Yards from competing casino giants, Related Companies and Wynn Resorts.
- Alistair Prescott, Gambling911.com
