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Entain’s Turkish bribery aftermath: UK privilege-waiver dispute, £150m shareholder claim and possible CPS prosecutions, plus AUSTRAC AML action

Published on: 10 March 2025

Published by an LexisNexis Corporate Crime expert
Legal News
Article summary

The owner of gambling giants Ladbrokes and Coral

The parent of two of the UK’s biggest names in the field reported stronger full-year figures on 6 March 2025 as losses narrowed. Twelve months earlier it had posted heavy losses, largely the consequence of the £615m deferred prosecution agreement (DPA) reached with the UK’s tax authority in December 2023. Entain, formerly called GVC, avoided prosecution by paying to settle allegations that it failed to put adequate procedures in place to prevent bribery at Turkish company Sportingbet, which it owned from 2011 to 2017. In the days following the settlement, Jette Nygaard-Andersen resigned as Entain’s chief executive. The group weathered the initial turmoil, yet moving on may prove difficult, with issues linked to the episode still looming large. In August 2024, UK law firm Fox Williams filed a £150m claim against the company on behalf of shareholders...

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