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Ladbrokes owner Entain expects ‘substantial financial penalty’ after UK investigation

Authorities looked into possible tax and bribery offences by one of gambling group’s former Turkish subsidiaries The owner of Ladbrokes and Coral bookmakers has said it is likely to incur a “substantial financial penalty” from an investigation by UK authorities into possible tax and bribery offences by one of its former Turkish subsidiaries. The gambling group Entain said in a statement to shareholders that it was negotiating a deferred prosecution agreement with the Crown Prosecution Service (CPS), and was working towards resolving an inquiry by HM Revenue and Customs. Continue reading... always shares this Contents with License.

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