he amendments in the Polish Gambling Act which are to be implemented in a few days only, have been considered as unfavorable and hostile ones for overseas operators. The country’s regulatory authorities and legislature have been blamed in trying to make the conditions more favorable for the state-owned Totalizator Sportowy.
Earlier, Poland revealed its decision to impose 12% tax on the turnover generated by the iGaming companies that run their operations in the country. As a result, a tide of online gambling operators announced they are to exit the country’s market, calling it hostile to foreign companies. Last week a number of companies, including William Hill, bet365, EnergyBets and Pinnacle officially revealed they were to cease their operations on the territory of the country and informed their partners and customers they were to no longer take local customers.
The Polish government had made a promise to address to the new tax issue with a separate piece of legislation, but the exodus of such a large number of prominent operators from the country’s market could put an end to these intentions of the local government.
Literally a few minutes ago, Mr Green informed partners that it will no longer accept traffic and players from Poland. In special letters sent to the gambling operator’s partners, the company revealed its decision to cease the acceptance of new players from Poland due to unfavorable regulatory developments in the country.
The decision of the company to exit the newly-regulated market of Poland is to take immediate effect.
Mr Green said in its letter to partners that the Poland-based players who already have accounts with the operator would be able to access their accounts and would do so until further notice.
The company also asked its partners to cease all marketing campaigns and remove all advertising materials related with Mr Green’s operations in the country with immediate effect. This makes Mr Green the latest gambling company to follow the exodus of a number of other international operators who chose to leave the company because of the newest regulations and legislation in Poland.
The world’s largest Internet betting exchange Betfair also joined the operators that rush out of Poland right before the enactment of the country’s new gambling regime, which is set to take effect until the end of the week.
Regardless of the fact that the brand is part of the gambling conglomerate Paddy Power Betfair, which made it a popular and wanted addition to the newly-regulated gambling market of Poland, the company is not satisfied with the new economic conditions that would be provided with the enactment with the latest legislation amendments there.