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City

Ladbrokes owner ‘could face big penalty’ as it reveals talks with prosecutors

A nearly four-year bribery investigation into the owner of Ladbrokes could end in a “substantial financial penalty”. Entain said it is in talks with the Crown Prosecution Service (CPS) and admitted misconduct “may have occurred”. The two sides are ...

31 May 2023 at 08:25

City

Boss of Coral and Ladbrokes owner Entain quits weeks after legal settlement

The boss of Coral and Ladbrokes owner Entain has stepped down just weeks after the group agreed a £615 million settlement to resolve a probe into alleged bribery at a former Turkish subsidiary. The gambling giant said Jette Nygaard-Andersen ...

13 Dec 2023 at 10:24

City

Ladbrokes owner Entain agrees to pay £585m after bribery investigation

The company behind Coral and Ladbrokes will pay penalties of more than half a billion pounds after a probe into alleged bribery at a former Turkish subsidiary. Entain said it had reached an agreement with HM Revenue & Customs which would ...

24 Nov 2023 at 16:16

Entain sets aside £585m for possible penalties after bribery investigation

City

Entain sets aside £585m for penalties after bribery investigation

Coral and Ladbrokes owner Entain has set aside £585 million to cover a potential penalty after a Bribery Act investigation into its former Turkish business. Entain said it has taken the provision as it continues negotiations with the ...

10 Aug 2023 at 09:35

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