Richard Desmond loses £1.3bn damages battle over national lottery licence
The Guardian World ·

Firms owned by media tycoon launched action against Gambling Commission in 2022 after Allwyn won franchiseThe media tycoon Richard Desmond has lost his claim for up to £1.3bn in damages from the …
Firms owned by media tycoon launched action against Gambling Commission in 2022 after Allwyn won franchiseThe media tycoon Richard Desmond has lost his claim for up to £1.3bn in damages from the Gambling Commission, ending a bitter dispute over the regulator’s decision not to award him the 10-year licence to run the national lottery.Companies owned by the former proprietor of the Daily Express and Channel 5 launched action against the regulator in 2022, starting a tortuous legal process in …
Original source: The Guardian World