Rahman Ravelli Assesses the Legal Issues facing the Gambling Sector

With the owner of bookmakers Coral and Ladbrokes set to be fined over bribery allegations, Rahman Ravelli wrote about the legal challenges facing the gambling sector.

The gambling giant Entain has announced that it is expecting a substantial financial penalty due to a UK investigation into alleged bribery in Turkey. In a piece published by Solicitors Journal, Rahman Ravelli examine the problems faced by Entain and the issues that the whole gambling sector has to address.

Rahman Ravelli's article refers to fines that gambling companies have had to pay for their social responsibility and anti-money laundering failures. They explain the legal reasons why such firms have to ensure they are doing all they can to reduce the risk of money laundering - and what they need to do to achieve this.

Rahman Ravelli detail the legal obligations placed on companies by the UK’s Bribery Act and the penalties that can be imposed for failing to meet them. The article also outlines the Gambling Commission’s role in regulating and, when necessary, taking enforcement action against gambling firms.

The full article can be read here.

Featured at: Solicitors Journal