Richard Desmond hit with £40m bill over ‘fanciful’ lottery feud Legal Media tycoon Richard Desmond’s company Northern and Shell has been ordered to pay over £40m after a two-year-long legal feud with the Gambling Commission over the 2022 National Lottery license. A High Court judge has ordered media giant Northern and Shell and its subsidiary, the New Lottery Company, to cough up 75 per cent of [...]
Richard Desmond’s group makes Rothschild allegation in £1.3bn National Lottery dispute Legal A high-stakes legal showdown has kicked off over the Gambling Commission’s handling of the fourth National Lottery licence, as the role of financial advisor Rothschild and its prior ties to the winning bidder take centre stage in court. Media baron Richard Desmond’s group Northern and Shell and its subsidiary, the New Lottery Company, launched legal [...]
Profit surges at Richard Desmond’s empire ahead of UK lottery court battle Business Profit at Richard Desmond’s Northern & Shell has surged ahead of a battle starting in the High Court over the UK’s National Lottery. The media tycoon is taking the Gambling Commission to court in October after missing out on winning the licence to run the National Lottery in 2022. Richard Desmond’s empire is seeking for [...]
Richard Desmond’s Northern & Shell back in the black after £100m loss July 2, 2024 Richard Desmond's Northern & Shell group surged back into the black after losing more than £100m in 2022.
Richard Desmond’s firm slams ‘flawed’ process that handed National Lottery to Allwyn June 5, 2024 Richard Desmond's Northern & Shell group has hit out at the "seriously flawed" procurement process that handed the National Lottery licence to Czech gambling group Allwyn Entertainment, a London court heard today.
