Headlines
Ladbrokes owner's ex-CEO among 11 charged in UK over gambling services in Turkey
Published by Global Banking & Finance Review®
Posted on August 28, 2025
2 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on August 28, 2025
2 min readLast updated: January 22, 2026
UK prosecutors charge ex-Ladbrokes CEO and others with bribery and fraud related to gambling services in Turkey.
LONDON (Reuters) - The former head of the owner of British gambling firm Ladbrokes is among 11 people British prosecutors have charged with offences including bribery, the Crown Prosecution Service said on Thursday.
Kenny Alexander, the former chief executive of GVC until his departure in July 2020, was charged with conspiracy to defraud and conspiracy to bribe between 2011 and 2018 relating to the provision of gambling services in Turkey.
Lee Feldman, former non-executive chairman of GVC, which was later renamed as Entain, was also charged with conspiracy to defraud and conspiracy to bribe.
Alexander, Feldman and their nine co-defendants are due to appear at London's Westminster Magistrates' Court on October 6, the CPS said.
Entain said in a statement: "The company has not been charged and none of the individuals charged are currently employed by the company or its group."
Entain shares dropped to session lows on the London Stock Exchange following the CPS announcement. By 1151 GMT, the stock was down 1.2% at 874.8 pence.
(Reporting by Muvija M and Sam Tobin; Editing by Kate Holton)
Kenny Alexander, the former CEO of GVC, and Lee Feldman, the former non-executive chairman, are among the 11 individuals charged with offences including bribery.
Kenny Alexander has been charged with conspiracy to defraud and conspiracy to bribe, relating to gambling services provided in Turkey between 2011 and 2018.
Entain stated that the company itself has not been charged and that none of the individuals charged are currently employed by the company or its group.
Following the announcement from the Crown Prosecution Service, Entain's shares fell by 1.2% on the London Stock Exchange.
Alexander, Feldman, and their nine co-defendants are scheduled to appear at London's Westminster Magistrates' Court on October 6.
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