Entain warns of "substantial" penalty from HMRC's Turkey investigation
Entain cautions that it may receive a significant financial penalty following an HMRC investigation into its Turkish operations
Entain, the gambling company, has warned that it could face a "substantial" penalty as a result of an investigation by HM Revenue & Customs (HMRC) into its former Turkish operations.
The investigation, initiated in 2019, is focused on alleged misconduct by employees and third-party suppliers.
Entain is currently in a deferred prosecution agreement with the Crown Prosecution Service (CPS) and is working towards a resolution, although the exact outcome of the investigation is uncertain.