Former betting bosses facing bribery and fraud charges begin lawsuit against Gambling Commission
Summary
Former Ladbrokes and Coral owner Entain executives, Kenny Alexander and Lee Feldman, are pursuing a civil lawsuit against the Gambling Commission. They claim the regulator breached their right to privacy by disclosing concerns about their involvement in an HMRC investigation into alleged bribery in Turkey, which led to the collapse of their proposed acquisition of 888 Holdings. The Gambling Commission stated it intervened due to Alexander and Feldman being suspects in the investigation, codenamed Operation Incendiary. The claimants argue the regulator’s actions caused them damage to their reputations and financial losses, while the commission maintains its actions were in the public interest. Entain previously agreed to a £650m settlement related to the HMRC investigation, and both Alexander and Feldman now face fraud and bribery charges with a trial scheduled for 2028.
(Source:The Guardian)