An Ireland-based gaming and sports betting company will pay a $4 million fine to resolve charges payments made to Russian consultants by a company it acquired violated the Foreign Corrupt Practices Act (FCPA).

Flutter Entertainment agreed to cease and desist from future violations as part of the settlement it reached with the Securities and Exchange Commission (SEC). The company neither admitted nor denied the agency’s findings.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...