The Financial Reporting Council (FRC) has closed its investigation into KPMG over the auditing firm's work on Entain, the owner of Ladbrokes. The probe, announced in January 2025, centred on Entain's financial statements for the year ended 31 December 2022. It followed significant legal troubles for
Entain
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The Financial Reporting Council (FRC) has launched a probe into KPMG's audit of gambling giant Entain's 2022 accounts. Entain, which owns brands including Ladbrokes, Coral, and Bwin, paid a £615 million fine in 2023 as part of a deferred prosecution agreement relating to a bribery probe into i
The owner of Ladbrokes, Coral, and other gambling brands, is to pay £17 million for social responsibility and anti-money laundering failures at its online and land-based businesses.
Entain, the owner of Ladbrokes, claimed millions of pounds in furlough cash while enjoying a surge in online betting, The Guardian has revealed.

