Former Ladbrokes Chief to Appear in UK Court over Bribery Charges

Ex-Ladbrokes CEO Kenny Alexander appeared in a London courtroom on Monday alongside other former senior figures from the gambling industry. The defendants face allegations of bribery and fraud linked to the operator’s controversial past operations in Turkey. If found guilty, the accused could face substantial penalties, including up to 10 years’ imprisonment and significant fines.

Ladbrokes

Kenny Alexander

London

substantial penalties

10 years

The Legal Proceedings Are Now Underway

Alexander, now 56, was the former chief executive of Entain (then GVC Holdings) between 2011 and 2018. He stands charged with conspiracy to bribe and conspiracy to defraud for his actions during the period. Alexander is one of the 11 individuals accused by the UK Crown Prosecution Service (CPS) after a prolonged investigation by Her Majesty’s Revenue and Customs (HMRC).

56

Entain

2011 and 2018

11 individuals

UK Crown Prosecution Service

Her Majesty’s Revenue and Customs

Other defendants include former GVC executives and individuals linked to third-party payment processors and technology partners. Notable names include Lee Feldman (ex-chairman), Richard Cooper (ex-chief financial officer), James Humberstone (ex-trading director), and Scott Masterston (director of e-Technologies Global). Robert Hoskin, former chief governance officer at Entain, stands accused of perverting the course of justice earlier this year.

Lee Feldman

Richard Cooper

James Humberstone

Scott Masterston

Robert Hoskin

This case was formally sent to Southwark Crown Court after a brief hearing at Westminster Magistrates’ Court on Monday, and a preliminary hearing is scheduled for 3 November. The magistrate indicated the case might be transferred later for trial to Leeds Crown Court due to reasons of scale and complexity.

Southwark Crown Court

Westminster Magistrates’ Court

Leeds Crown Court

Entain Is Not a Defendant in This Case

The charges relate to GVC’s former Turkish-facing business, Headlong Limited, which was sold in 2017. At the time, GVC claimed to have entirely exited the Turkish market. However, subsequent investigations uncovered alleged irregularities involving payments to third-party suppliers and suspected bribery related to licensing and local operations.

Turkish

Headlong Limited

2017

alleged irregularities

Entain itself is not among the defendants. The company reached a deferred prosecution agreement with UK authorities in 2023, agreeing to pay £585 million ($788.7 million) in penalties, with an additional £30 million ($40.45 million) in donations and legal costs to settle corporate liability for its historic activities in Turkey. That deal shielded the company from further prosecution but did not protect implicated individuals.

deferred prosecution

£585 million

£30 million

A lawyer representing Alexander refused to comment on Monday, but previously told Financial Times that the former CEO intends to defend himself vigorously against all allegations. With the first substantive hearing scheduled for early November, the coming months will likely shed further light on the alleged wrongdoings that have shadowed Entain’s Turkish legacy for nearly a decade.

Financial Times

defend himself vigorously

shed further light