“Following our acquisition of TSG, we made significant changes to implement a framework of controls in line with Flutter’s existing standards,” a spokesperson stated, as reported by the cited source. “ This is a legacy issue, related to a period prior to Flutter’s ownership of the Stars Group," said the firm. However, it stated it was pleased the matter had been concluded. Under the settlement, Flutter neither admitted nor denied the SEC’s allegations. The alleged payments were made between 20, reports the Wall Street Journal. The SEC, which confirmed the settlement Monday, said the Stars Group paid about $8.9 million to Russia-based consultants as it pushed for the legalization of poker in that country. Securities and Exchange Commission over alleged violations by PokerStars’ previous owner, Toronto-based Stars Group, which Flutter bought in 2020. The Dublin-based firm has entered a settlement with the U.S. allegations that the handling of payments to Russia-based consultants violated foreign bribery law. You will find general information about cookies and details on how to delete cookies from your device.PokerStars owner Flutter Entertainment will pay $4 million to settle U.S.
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