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Improved annual results for paddy power betfair

Online and retail sportsbetting and gaming operator Paddy Power Betfair released its preliminary financial results for 2017 yesterday showing that it experienced a 13% increase year-on-year in net revenues to £1.74 billion ($2.41 billion) thanks in large part to a 16% rise in annual sports takings.

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Romania implements 2% online gambling deposit tax

30-second summary Romania traditionally has been a pro-gambling country After joining the European Union in 2007, the country began updating gambling rules and regulations The government added a “greed tax,” a new 2% tax on the turnover of gambling operators This was changed to a 2% tax on customer deposits to online gambling platforms roulette online