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.

Premium subscribers continue here to the full article.