Ladbrokes owner close to ‘drawing a line’ under bribery inquiry

Entain sets aside 585m potential settlement for HMRC investigation into scandal at former firm in Turkey

The owner of Ladbrokes and Coral bookmakers has said it is close to drawing a line" under a scandal at its former Turkish business, as it sets aside 585m to settle an investigation over alleged bribery.

Entain has put aside the cash in anticipation of a settlement with UK authorities, who entered negotiations over a deferred prosecution agreement with the international betting and gaming group this year.