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888 warns licence could be at stake as watchdog probes new investors

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hares 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 firm.

The firm also revealed it has ended talks to make Alexander its new boss, which it is hoped will make the prospect of a licence revocation unlikely.

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