SEC hands $4m civil penalty to Flutter over Stars Group Russian payments

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Flutter acquired The Stars Group, operator of a number of brands such as PokerStars and Full Tilt, in May of 2020, with the SEC order referring to a period between 26 May 2015 and 15 May 2020.

During this period, the order said while The Stars Group’s shares were registered with the SEC, it paid approximately $8.9m to consultants in Russia in support of its operations and efforts to have poker legalised in the country.

Read the full story on iGB North America.

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