In an August 12, 2021 interim financial report, Entain plc, formerly GVC Group, offered information about the ongoing investigation by HM Revenue & Customs. Entain is one of the largest sports-betting and gaming groups, operating on- and offline in 27 countries. HMRC’s investigation focuses on Entain’s former gambling business in Turkey, and on some of its former suppliers. According to Entain, the group “remains a corporate suspect” of the HMRC investigation, and the agency has informed the company that the investigation refers to sections 1 and 7 of the Bribery Act 2010. Entain indicated that it is cooperating fully with the HMRC investigation, and that it disposed of its Turkish-facing business in 2017.
August 13, 2021