Footballer Dominic Matteo Declares Bankruptcy, Amasses £1mil in Gambling Debts

Written by:
Alistair Prescott
Published on:
Aug/17/2015
Footballer Dominic Matteo Declares Bankruptcy, Amasses £1mil in Gambling Debts

A former Liverpool and Leeds footballer Dominic Matteo has declared bankruptcy after accumulating more than £1million in gambling debts.

The news comes after an insolvency service in Yorkshire obtained an order against Matteo, who admitted to having a gambling problem back in 2011. 

A spokesperson for the insolvency service said: “Mr Matteo will need to be interviewed to establish how many creditors there are and how much is due to them.

“A decision will also have to be made over whether to appoint an insolvency practitioner to handle the case.”

The bankruptcy was filed July 28 but was only confirmed now.

- Alistair Prescott, Gambling911.com

Gambling News

Is the Double Up Game Profitable in the Long Run?

The Double Up feature is one of the most tempting elements in many slot and card-based gambling games. After securing a win, players are given a chance to multiply their earnings with a single decision—usually involving a simple risk, like guessing the color of a hidden card.

Pay Per Head Companies and Performance Reports

One of the biggest keys to running any type of business is to know the numbers inside and out. Just as a sports handicapper breaks down a particular matchup to uncover an edge in the betting lines for the game, as a bookmaker you need to constantly break down your business’s numbers to turn a profit on a regular basis.

Syndicate