Opap Responds To Proposed Gambling Tax

OPAP RESPONDS TO PROPOSED GAMBLING TAX

18th November, 2015 at 12:44:46
Source: http://www.azonlinecasinos.com

Will make black market more attractive.

Greece's betting firm OPAP believes a new 5% tax imposed on wagers would deter punters from gambling and as such would fail to raise the tax revenues of between Euro 300 and 400 million per year that the Greek Government is forecasting.

The wagering tax along with a proposed tax on wineries would replace a 23% VAT rate on private education.

OPAP spokesman Odysseas Christophorou said the new tax would push punters to illegal gambling and hinted that OPAP could find relief through the judicial system.

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