William owner 888 has set aside more than £100 million [$124 million] for possible legal action as bosses grapple with regulatory pressure abroad.
British gambling firms have come under scrutiny in Austria after the country’s three highest courts found they had been operating illegally.
Casinos Austria, which is the state-backed gambling company, has held a monopoly since 2016 and judges ruled that other firms doing business there were breaching the law and should return any player losses.
It now means that some gamblers across Europe are taking action to recoup money they lost on betting websites. In total, 888 has earmarked £116 million [$144 million] for ‘ongoing legal and regulatory matters principally in Austria and Germany’, according to its recent annual report.
