Alister Jack said he had broken no rules but admitted he put three wagers on the timing of the July 4 poll.
Jack said he had in April put £20 at odds of 5 to 1 on an election being held between July and September, but that he had no knowledge of when it would be called until the day Rishi Sunak fired the starting gun on May 22.
Jack said in a statement on Tuesday evening: "Following reports today I want to be absolutely clear I have not breached any gambling rules."I put two bets on in March of £5 each for an election to be held in May and June respectively."I had no knowledge of the date of the election until the day it was called.
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