Gesetzgebung

UK – Entain pays £17m settlement fee for social responsibility and AML breaches

Entain has agreed a regulatory settlement with the British Gambling Commission in respect of alleged historical licensing breaches.

The regulatory settlement amounts to £14m in respect of Entain’s digital business, and £3m in respect of its retail business.

Entain said it entered into the regulatory settlement with the Commission in order to bring the matter to a close and avoid further costly and protracted legal proceedings.

The Group accepts that certain legacy systems and processes supporting the operations of its British business during 2019 and 2020 were not in line with the evolving regulatory expectations of the Commission in respect to aspects of social responsibility and anti-money laundering safeguards.

Als Teil des Vergleichs hat Entain auch zugestimmt, einen Board-Sponsor zu ernennen, um die Umsetzung aller weiteren Verbesserungen zu überwachen, die in den ursprünglichen Compliance-Bewertungen von 2020 identifiziert wurden, und um zu einem späteren Zeitpunkt eine unabhängige Prüfung der relevanten Richtlinien und Verfahren durchzuführen.