A parliamentary candidate has said he is “deeply sorry” for betting against himself winning a seat the General Election following his suspension from Labour amid an investigation by the gambling watchdog. Kevin Craig admitted making a “stupid error of judgment” by placing a wager on the Tories defeating him in the constituency of Central Suffolk and North Ipswich, which the rival party secured by a majority of 23,391 in 2019. He claimed he had done so because he thought he would “never win this seat” and had been planning to give any winnings to local charities. While I did not place this bet with any prior knowledge of the outcome, this was a huge mistake, for which I apologise unreserved
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