Ladbrokes owner Entain expects ‘substantial financial penalty’ after UK investigation
by Joanna Partridge from World news | The Guardian on (#6BZZ0)
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.
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