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Greek Taxman Slaps € 200-Million Tax Bill on Gaming Operator GVC

Certainly one of GVC Holdings' online sporting betting makes has received a unexpectedly large tax bill, using an taxation by Greece's taxman. Typically the € 186. 77-million tax bill play pokies online for free without downloads was treated to Sportingbet, which GVC acquired last 2013.

Often the Isle for Man-based gaming giant may thus have no choice but into shelling out nearly 25 cents of it is group sales revenue for 2016 (€ 843 million) , based on the evaluate by the Historic Audit Facility for Massive Enterprises, the provider itself discovered in a Sunday statement.

As mentioned before, GVC picked up Sportingbet, forgetting the latter's Australian and also Spanish treatments which free pokies heart of vegas were possessed by that will make William Hill, back in 2013. The gaming company mentioned in its record from yesteryear that the tax bill from the Ancient greek audit authority encompassed play free pokies online a period between 2010 and beyond and 2011 , or maybe more years well before GVC procured over the internet sports gambling on brand.

It is actually understood of which other gaming free pokies to play companies have too happen to be affected by shockingly high duty bills with the Greek tax burden authority.

GVC explained in its Thursday statement that the income tax assessment was initially 'substantially bigger by multiplies' of what exactly Sportingbet received generated around revenue in the covered time. The company even further pointed out that it's Board quarrels strongly the actual Greek taxman's basis with regard to assessment equation as the 'assessed quantum' appeared to be 'widely exaggerated'.