Gambling giant Entain could lose UK licence amid record £17m fine

Ladbrokes and Coral owner fined for failing to protect customers after new gambling laws came in

Entain, the gambling firm behind Ladbrokes and Coral, could lose its licence to operate in the UK after it was told to pay a record 17m settlement over its inaction as individual customers spent hundreds of thousands of pounds.

The Gambling Commission highlighted multiple failings in Entain's online and high street business, all of which occurred after the government announced a review of gambling laws that has led the industry to promise to improve controls to tackle addiction and prevent money laundering.