Betfair exiting Germany

[Euler]

I'm very familiar with the legislation they are trying to pass and it's very messy. I also reckon that it will be restricted to US residents only so it won't be of any advantage to non US residents. It could actually end up being too restricitve.

[freddy]

Betfair exits Greece ?

http://www.guardian.co.uk/business/mark ... wal-greece

[steven1976]

what is the 15% consumption tax to be introduced in uk in Dec 2014?

[Euler]

The UK government is switching from a gross profits tax, which remote providers have been able to avoid, to a tax on profits based on the point off consumption. Basically there is no incentive to offshore your internet business.

[andyfuller]

Probably wasn't the greatest move of Betfair's moving offshore, they were a bit late to the party I would have thought for it to have been cost effective.

Sounds as though more bookmakers are pulling out of Greece in the coming days according to Jimmakos.

[Akindwurd]

When it comes to Greece, I suspect the bookies know something that the politicians are trying to hide until the last possible moment. Expect Grexit soon.