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.
Original article: https://igamingbusiness.com/legal-compliance/legal/sec-hands-4m-civil-penalty-to-flutter-over-stars-group-russian-payments/
