Flutter Agrees $4 Million Settlement in Russian Bribery Case

The original allegations were made against former Pokerstars owner the Stars Group which was acquired by Flutter in 2020.

The charges resulted from the discovery that some of the funds paid by the Stars Group had been paid out to local government officials by the consultants working on the company’s behalf.

However, the SEC announced yesterday that a settlement had been agreed in the case and that Flutter had neither denied nor accepted the charges brought against the Stars Group.

In statement released following the SEC announcement, a Flutter spokesperson said:

Following the invasion of Ukraine in 2022, Flutter has withdrawn from Russia.

Natasha Lyndon

Flutter Agrees $4 Million Settlement in Russian Bribery Case