Advisory firm set to file lawsuit against Entain over gambling violations

An advisory firm specializing in business matters and securities litigation has declared that it is getting ready to present a collective lawsuit on behalf of institutional investors against the massive gambling company Entain.

The operator will face accusations from the company for allegedly withholding information from its investors about bribery and corruption in Turkey.

The complaint asserts that Entain knew about Headlong Limited's regulatory infractions but failed to notify the investors of this information.