Dean Shannon, the chief executive of the British bookmaker behind Ladbrokes and Neds, will step down at the end of this month in an attempt to improve the business’ relationship with the financial crimes watchdog.
London-listed Entain faces hundreds of millions of dollars in fines for alleged breaches of Australian anti-money-laundering laws between 2018 and last year.
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Zoe Samios covers wagering and the business of sport from the AFR's Sydney newsroom. She was previously the media and telecommunications reporter for The Sydney Morning Herald and The Age, and covered media at The Australian. Connect with Zoe on Twitter. Email Zoe at zoe.samios@afr.com
