November 24, 2023

Entain Reaches £585.0m Settlement in Turkish Operations Case

Entain, a prominent player in the gaming industry, has taken a decisive step towards resolving its historical legal predicament. The company has reached a groundbreaking Deferred Prosecution Agreement (DPA) in principle with the Crown Prosecution Service (CPS) concerning its past activities in Turkey. With preliminary judicial approval secured, Entain is now poised for a final […]

June 1, 2023

Entain is making preparations to face a substantial fine following allegations of bribery in Turkey

Entain, the gambling company listed on the FTSE, has issued a warning that it anticipates a significant financial penalty following an investigation into potential tax and bribery violations involving a former Turkish subsidiary. The investigation was initiated by UK tax authorities in 2019. Entain, the owner of Ladbrokes and Coral, has informed its shareholders that […]