casino promotion These offences included, but were not limited to, section 7

casino promotion These offences included, but were not limited to, section 7

casino promotion These offences included, but were not limited to, section 7 of the Bribery Act 2010. .Entain previously said the inquiry targeted former third-party suppliers. Following the announcement it then acknowledged that historical misconduct involving former third-party suppliers and employees of the group may have occurred. .The company also later dismissed a connection with its former payment subsidiary Kalixa – sold to Senjō Group in 2017 – collapsed German behemoth Wirecard and the Turkish operations..Taking steps to reshape an uncertain business.The 2020 announcement led to wholesale changes within Entain. Days before the investigation was announced, Kenny Alexander stepped down as CEO. Shay Segev, Alexander’s replacement, moved on to sports streamer DAZN, with Jette Nygaard-Andersen moving in to hold the CEO title..Entain also shifted its place of management and control from the Isle of Man to the UK. This led to its tax residence moving as a result..The company also rebranded in 2020, in a bid to highlight how the corporate make-up of the business was greatly differentiated from its previous operations as GVC..At the time, Segev said this better reflected the group’s socially responsible ethos. .However, in August 2022, the GB Gambling Commission ordered Entain to pay a record £17m for wide-ranging social responsibility failings. .As a result, Gambling Commission chief executive Andrew Rhodes, warned that the regulator could revoke Entain’s licence in the event of further breaches, particularly as the business had also paid a £5.9m settlement for similar failings in 2019.

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