Gambling giant is working with the Crown Prosecution Service to negotiate a final settlement
Coral and Ladbrokes owner Entain has set aside £585m to cover potential fines relating to a probe by HMRC into alleged bribery at its former Turkish business.
Entain said it has made the provision as it continues negotiations with the Crown Prosecution Service (CPS) following a four-year investigation.
The company had previously warned it might face a “substantial financial penalty” because of conduct at its former subsidiary in Turkey.
Authorities started investigating the firm’s suppliers in 2019, and a year later started to look at the GVC Group, which subsequently rebranded as Entain.