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GVC hit with €187m tax bill for legacy Greek activities

26th January 2018 9:39 am GMT

GVC Holdings has received a significant tax bill from the Greek government relating to the historical activities of a local subsidiary.

The tax demand relates to the 2010-2011 operations of Sportingbet in Greece, which GVC acquired in 2013.

The business, which continues to operate in Greece under an interim gaming licence, has received a tax audit assessment from the Greek authorities totaling €186.77m, a figure which GVC contests.

The company said Thursday that the tax demand is [...]

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