Former Ladbrokes CEO Among 11 Charged in UK Turkey Bribery Case

Eleven individuals, including former executives of Entain (formerly GVC), the parent company of Ladbrokes, have been charged by the UK Crown Prosecution Service with offences related to bribery, conspiracy to defraud, fraudulent trading, cheating the public revenue, tax evasion, and perverting the course of justice in connection with gambling operations in Turkey between 2011 and 2018. The charges include Kenny Alexander, former CEO of Entain, who faces conspiracy to defraud and conspiracy to bribe charges, and Lee Feldman, former non-executive chairman, charged with conspiracy to commit fraud and bribery. Other former Entain directors charged include Richard Cooper, Robert Hoskin, and James Humberstone, alongside six additional individuals not employed by Entain. The case, stemming from a complex international investigation involving HM Revenue and Customs, will have its first hearing at Westminster Magistrates’ Court on October 6. Entain has stated that the company itself has not been charged and that none of the charged individuals are currently employed by the company. Following the announcement, Entain's stock experienced a slight decline.