Greece’s betting firm OPAP believes a new 5 percent tax imposed on wagers would deter punters from gambling & as such would fail to raise the tax revenues of between Euro 300 & 400 million per year that the Greek Government is forecasting.
The wagering tax along with a proposed tax on wineries would replace a 23 percent VAT rate on private education.
OPAP spokesman Odysseas Christophorou said the new tax would push punters to illegal gambling & hinted that OPAP could find relief through the judicial system.
source : www.casinos-online.co.uk
