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1542267
registered interest false more like this
date less than 2022-11-15more like thismore than 2022-11-15
answering body
Department for Digital, Culture, Media and Sport more like this
answering dept id 10 more like this
answering dept short name Digital, Culture, Media and Sport more like this
answering dept sort name Digital, Culture, Media and Sport more like this
hansard heading Entain: Money Laundering remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Digital, Culture, Media and Sport, whether Entain has paid the £17 million fine imposed on it by the UK Gambling Commission in August 2022 for anti-money laundering failures. more like this
tabling member constituency Ashfield remove filter
tabling member printed
Lee Anderson more like this
uin 87987 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-11-24more like thismore than 2022-11-24
answer text <p>I am unable to comment on specific cases of regulatory action taken by the Gambling Commission. However, I have provided some overarching information on regulatory settlements.</p><p>Regulatory settlements are a possible outcome of Gambling Commission enforcement action, and this may include the operator paying a financial amount for socially responsible purposes. The Commission’s process for the approval of destinations of regulatory settlements ensures that only projects that meet the criteria are able to receive funds. When a project is approved, it is matched with outstanding funds and payment is arranged swiftly, with funds being ringfenced pending the payment. More information on the current process and destinations is available at the Gambling Commission’s <a href="https://www.gamblingcommission.gov.uk/guidance/guidance-for-submitting-a-proposal-for-regulatory-settlement-funding" target="_blank">website</a>.</p> more like this
answering member constituency Sutton and Cheam more like this
answering member printed Paul Scully more like this
question first answered
less than 2022-11-24T09:18:29.963Zmore like thismore than 2022-11-24T09:18:29.963Z
answering member
4414
label Biography information for Paul Scully more like this
tabling member
4743
label Biography information for Lee Anderson more like this