Entain Agrees to a £600 Million Settlement for Turkish Business Bribery Probe

[MissExposé]

Entain has agreed to a hefty settlement of nearly £600 million, marking the resolution of a bribery inquiry linked to its former Turkish business. The settlement, involving £585 million for penalties and profit forfeiture, along with additional payments for costs and charitable causes, signals the company's commitment to operating responsibly in regulated markets, a move highlighted by Entain's Chairman as part of their evolving corporate ethos. The pending Deferred Prosecution Agreement (DPA) awaits court approval, potentially shaping the company's future trajectory in the wake of alleged misconduct, with the hearing scheduled for December 5th aiming to finalize this pivotal resolution

Source: https://news.worldcasinodirectory.com/entain-to-pay-600-million-to-settle-the-bribery-investigation-about-its-turkish-business-111237

 

[euromill]

Ahhh shame - poor Entain