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The Nexus
BUSINESSApr 17 · 09:47 UTCTHE GUARDIAN WORLDRob Davies

Richard Desmond loses £1.3bn damages battle over national lottery licence

Media tycoon Richard Desmond lost a £1.3bn damages claim against the Gambling Commission after his bid to run the UK's national lottery was rejected in favor of Allwyn. His companies initiated legal action in 2022, incurring £55m in costs during the protracted dispute.

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