Gambling News:

William Hill leaves the Greek market

William Hill leaves the Greek market

British online and land-based gaming operator William Hill has revealed that its William Hill Online subsidiary will cease to accept bets from the Greek residents because of lack of ‘clarity on the regulatory approach to be taken’ by authorities.

A statement from William Hill Online reads: 'According to our legal advice, we consider the gambling legislation in Greece to be inconsistent with European law and the associated fiscal conditions attached to these permits, which may include payment of retrospective taxes on past revenues, makes the market economically unattractive. On this basis, William Hill Online does not currently intend to apply for a licence to operate in Greece.'

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