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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

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Richard Desmond

  • 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 [...]

    Richard Desmond's legal battle against Gambling Commission opened at High Court. Photo by Peter Macdiarmid/Getty Images
  • 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 legal battle against Gambling Commission opened at High Court. Photo by Peter Macdiarmid/Getty Images
  • Richard Desmond’s Northern & Shell back in the black after £100m loss

    Business

    Richard Desmond's Northern & Shell group surged back into the black after losing more than £100m in 2022.

    Richard Desmond's Northern & Shell has returned to profit.
  • 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.

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