Renowned law firms, Addleshaw Goddard and McDermott Will & Emery recently had the opportunity to provide legal advice to Entain, a prolific gambling company. The counsel’s involvement was part of a Deferred Prosecution Agreement (DPA) that Entain entered with the Crown Prosecution Service (CPS). The agreement required Entain to pay a staggering £615 million as a settlement to a bribery allegation in the U.K.
The settlement approval proceedings were finalized in a hearing led by a High Court judge on a Tuesday afternoon, bringing completion to an intense four-year-long enquiry. The bribery allegations targeted the parent company of prominent betting enterprises Ladbrokes and Coral.
A finely detailed account of the significant case development can be found here.