According to the investigation, the offences include a breach of the Bribery Act 2010. Entain has now admitted that historical misconduct may have happened when the Turkish business was part of the group.
HMRC Could Hit Entain with Substantial Fine for Misconduct at Former Turkish BusinessIt is not possible at this stage to say how the investigation into the Company will conclude. Whilst prosecution of a Group entity or entities, which may defend the action successfully or be convicted, remains a possibility, the Group is seeking to conclude DPA negotiations with the CPS. Negotiations remain ongoing and any resolution would be subject to judicial approval.
HMRC Could Hit Entain with Substantial Fine for Misconduct at Former Turkish Business
The investigation and potential financial penalty is the latest in a series of issues that the company has faced with regulators in several markets.
HMRC Could Hit Entain with Substantial Fine for Misconduct at Former Turkish Business for serious social responsibility and anti-money laundering failures at its online and land-based businesses. The following month the Australian Transaction Reports and Analysis Centre (AUSTRAC) announced that it has launched an investigation into the business activities of the company that could result in another record fine.Image credit: jam_90s / CC By 2.0
Olivia has worked as an editor and writer for major brands across multiple niches. She now focuses on the iGaming and sports betting industries.