Shares in William Hill owner 888 plunged as the gambling watchdog launched another review into the firm — which the bookmaker warned could lead to fines or potentially its British gambling licence being revoked — over the involvement of ex-Entain boss Kenny Alexander after he led a group that bought a stake in the business.
888 also revealed it has ended talks to make Alexander its new boss, which it is hoped will make the odds of a licence revocation or suspension extremely slim.
