Investors could claim £100m payout from Ladbrokes and Coral

Legal firm says group failed to update shareholders on problems with bribery and corruption at its former Turkish operation

Investors could seek more than £100m in compensation from the owner of Ladbrokes and Coral for failure to update them on issues with bribery and corruption at the group’s former Turkish operation.

The planned action, led by the legal firm Fox Williams, follows Entain’s agreement to pay almost £600m – one of the largest financial penalties ever imposed in the UK – in a deal with HM Revenue and Customs finalised in December 2023 after an investigation into alleged bribery.