Following yesterday’s slump in the value its share price caused by the company’s announcement concerning discussions with the Spanish tax authorities, Sportingbet has confirmed that it is making a €17.2m (US$22m) payment in settlement of past tax liabilities.
The company said Tuesday that it has completed self-assessment tax returns and will make a payment of €14m plus surcharges and interest of up to €3.2m for its previous activities in the Spanish market.
Shares in Sportingbet fell by [...]
