Firms owned by media tycoon launched action against Gambling Commission in 2022 after Allwyn won franchise
The 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 which Desmond’s costs were estimated to have reached £55m by May last year.
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This article was originally published by The Guardian and written by Rob Davies.
Read original article on The Guardian