International edition
September 17, 2021

Tax legislation makes it “unworkable” for operators

Poland suffers another loss as bet365 exits the market

Poland suffers another loss as bet365 exits the market
bet365 revealed it is to withdraw its operations from the country, following a number of other companies that have made the decision to leave its jurisdiction due to tax legislation that is considered as unfavorable to off-shore companies.
Poland | 03/28/2017

bet365 revealed it is to withdraw its operations from the country, following a number of other companies that have made the decision to leave its jurisdiction due to tax legislation that is considered as unfavorable to off-shore companies.

G

lobal betting operators have started to close its operations in Poland after arguing that the 12% tax imposed on the turnover generated by the online gambling companies was not acceptable, saying it was “unworkable” for the operators on the territory of the country. According to the companies, the government of Poland was aiming to create more favorable conditions for Totalizator Sportowy, which is a state-owned entity, so it started making the market conditions less bearable for other companies.

Last week, William Hill announced they were to withdraw their local operations, saying that the regulatory environment in the country has become extremely restrictive and hostile to international gambling operators.

Bet365 revealed its firm intentions to no longer provide its services on the territory of the country and officially announced it is to cease its operations there from March 30.

Since this date, the products of bet365 will become unavailable in Poland. All players accounts registered in the country will be suspended and players will be contacted separately in order to be informed about the company’s decision and the steps that are to be taken by the operator in terms of the Polish market exit.

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook