Two prominent figures in the UK's gambling industry, Kenny Alexander and Lee Feldman, who are set to face criminal charges of bribery and fraud, have seen their civil lawsuit against the Gambling Commission dismissed. The pair, known as "King Kenny" and a key figure at Entain, had accused the regulator of breaching their right to privacy.
The dispute centered on the Gambling Commission's intervention in Entain's failed bid to acquire 888, an online casino company. When the regulator informed 888 that it would be reviewing its license due to concerns over Alexander and Feldman's past roles at Entain, the pair sued the commission, claiming a breach of their right to privacy.
The issue at hand was whether the commission had revealed too much information about the review process in a statement to the market. The regulator argued that the release of this information was necessary for regulatory purposes. However, a High Court judge ultimately rejected this argument, ruling against Feldman and Alexander.
As a result, the pair will have to pay the Gambling Commission's costs, which could be substantial. The commission welcomed the decision, stating that it vindicated its actions in taking steps to ensure the integrity of the gambling industry.
Alexander and Feldman are facing 11 charges each, with their trial set to begin in 2028. They have vowed to appeal against the High Court's judgment, but for now, they will be left to ponder the consequences of their failed lawsuit.
The dispute centered on the Gambling Commission's intervention in Entain's failed bid to acquire 888, an online casino company. When the regulator informed 888 that it would be reviewing its license due to concerns over Alexander and Feldman's past roles at Entain, the pair sued the commission, claiming a breach of their right to privacy.
The issue at hand was whether the commission had revealed too much information about the review process in a statement to the market. The regulator argued that the release of this information was necessary for regulatory purposes. However, a High Court judge ultimately rejected this argument, ruling against Feldman and Alexander.
As a result, the pair will have to pay the Gambling Commission's costs, which could be substantial. The commission welcomed the decision, stating that it vindicated its actions in taking steps to ensure the integrity of the gambling industry.
Alexander and Feldman are facing 11 charges each, with their trial set to begin in 2028. They have vowed to appeal against the High Court's judgment, but for now, they will be left to ponder the consequences of their failed lawsuit.