Two former GVC Holdings executives are taking the UK Gambling Commission to court over the alleged misuse of private information. The plaintiffs claim that the regulator used private information without consent, prompting the legal proceedings.
Entain, previously GVC Holdings is one of the largest gambling companies in Britain. Before its rebranding, Kenny Alexander served as the company’s CEO. Lee Feldman served as the company’s chairman. Both are the plaintiffs in the current case. An expert in privacy law, Slateford, represents their case.
NEXT.io reported that the lawsuit comes amid an ongoing HMRC investigation into GVC’s past business in Turkey. However, little is known about the case so far. The operator’s activities in the country’s gray sector sparked fraud allegations, which caused significant trouble for Entain.
Eventually, Entain managed to settle the matter by entering a £615 million by DPA or Deferred Prosecution Agreement with the CPS or Crown Prosecution Service a year ago. Some of its former executives are yet to do so while the company itself settled the matter.
Even though NEXT.io believes that Alexander and Feldman’s lawsuit could possibly be related to GVC Holdings’ historic business in Turkey, it couldn’t confirm that with certainty. Per the policy of the regulator of not discussing ongoing legal proceedings, the news outlet reached out to UKGC but could not learn more.
Claims of misuse of private information must undergo a two-stage procedure. This procedure determines if a party allowed unauthorized access to private information.
FS Gaming, a fund owned by three former GVC Holdings executives, terminated its voting rights deal with Shay Segev last year. FS Gaming Investments transferred the voting rights attached to 9,063,313 ordinary shares in 888 Holdings.
