Opap Results Impacted By Retroactive Tax
By Brian Cullingworth, Last updated Aug 29, 2014
Tax burden dates back to 2010
Greek gambling firm OPAP has forewarned that a Euro 21.6 million ($28.5 million) retroactive tax will have an impact on its second quarter results due to be released later this week.
According to Reuters, OPAP said in a bourse filing that it had appealed to the Greek Finance Ministry for a reduction in the tax which dates back to 2010.
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Infopowa news was a staple of Casinomeister’s news from 2000 until 2019. Brian Cullingworth was the main writer, contributor, and was one of the most knowledgeable persons I have ever known involved in the online casino industry.
We first met in January 2001 at the ICE in London where I observed him going booth to booth interviewing online casino, software, and licensing jurisdiction representatives. Brian was also heavily involved with our forum as “Jetset“, he was involved as an informal consultant to eCOGRA, the OPA, and was a player advocate who assisted countless aggrieved players with his connections to industry folks. He also published “Casino Cautions” via Infopowa news for quite a number of years. These can be found in our news archives.
His passing in February 2019 was a dark day for us. He will be forever missed.