Entain, the global betting company behind Ladbrokes and Coral, has secured a court ruling to keep its legal defence confidential in an ongoing lawsuit involving former executives Kenny Alexander and Lee Feldman. This ruling by the High Court’s Chancery Division aims to prevent sensitive legal information from becoming publicly available.
Key Points
- The ruling allows Entain’s defence documents to remain private amid a lawsuit from ex-GVC executives.
- Alexander and Feldman claim they were clients of Entain’s lawyers and seek access to legal documents related to a bribery investigation.
- Entain previously dealt with legal issues stemming from alleged past misconduct in Turkey, resulting in a £615 million agreement with HMRC.
- The secrecy order includes strict notification rules for any parties wishing to access the sealed documents.
- Despite ongoing legal troubles, Entain has reported a growth of over 10% in its yearly profits.
Why should I read this?
This article is essential for anyone interested in the shady dealings of major betting companies and how legal battles are shaping the industry. With Entain at the centre of a controversy over its past operations and legal strategies, staying informed will help you understand the potential implications on the sector and its players.
