10/08/2023 Entain plc Update on HMRC Investigation Entain plc (LSE: ENT), the leading global sports betting, gaming, and interactive entertainment group, announces that it has taken a £585 million provision in respect of its ongoing deferred prosecution agreement (DPA) negotiations with the Crown Prosecution Service (CPS). Barry Gibson, Chairman stated “We are pleased to be making good progress towards drawing a line under this historical issue, which relates to a business that was sold by a former management team of the Group nearly six years ago. We have been working closely with the CPS throughout this process, and they have recognised our extensive co-operation. Following a complete overhaul of our business model, strategy and culture in the last few years, the Entain of today bears no resemblance to the GVC of yesterday.” Forward-looking statements Source: Read Full Article
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