Betfair Threatens to Leave Italy Over Taxes

The new director-general of Italy’s ADM customs and monopolies agency, Marcello Minenna (l.), has delivered a 0.5 percent tax on retail, digital and virtual sports, drawing the ire of horseracing and bookmakers. The racing industry said it would hurt financially, while Betfair, the bookmaker, threatened to leave.

Betfair Threatens to Leave Italy Over Taxes

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