RE: Results21 Mar 2018 07:37
888 Holdings is considering pulling out of Germany, following the lead of rival operators in response to a regulatory clampdown that threatens to ban online gambling in the country.
Releasing its results for the 2017 financial year on Tuesday, the FTSE 250 group said a potential tax bill in Germany was the main reason the company�s profits plummeted by almost 70 per cent in 2017.
But the Gibraltar-based company added it was also �assessing the status and breadth of its offerings in the German market�.