Former Entain Executives Sue UK Gambling Commission over 888 Takeover Saga
Summary
Former Entain executives Kenny Alexander and Lee Feldman have filed a civil suit against the UK Gambling Commission (UKGC) following the collapse of their attempt to take control of 888 Holdings. The lawsuit claims the regulator unlawfully revealed private information, influencing 888’s decision to halt talks due to concerns about Alexander and Feldman’s past association with Entain and an HMRC investigation. The executives argue the Commission’s actions caused them “damage, distress and embarrassment.” This legal action occurs as Alexander and Feldman prepare for a criminal trial in 2028 related to accusations of bribery, fraud, and tax evasion concerning GVC Holdings’ former Turkish business. The UKGC maintains its actions were justified and did not reveal truly private information, asserting intervention was necessary given Alexander’s status as a suspect.
(Source:Gamblingnews)