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The Guardian - AU

National

Henry Belot

Third executive quits gambling giant as company battles ongoing money laundering case

Entain Gavin Isaacs AUSTRAC Stella David Ladbrokes neds Australia United States the London Stock Exchange

The Australian arm of Entain is part of one of the world’s largest sports gambling organisations. Photograph: Pavlo Gonchar/SOPA Images/Rex/Shutterstock

The deputy chief executive officer of one of the biggest gambling companies in Australia, Entain, has resigned in the midst of a high-profile legal challenge by the nation’s financial intelligence agency.

Lachlan Fitt has served as the chief financial officer of Entain Australia, which runs the Ladbrokes and Neds gambling brands in Australia, since 2018, and has driven the company’s mergers and acquisitions strategy.

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