Betsson pays backdated taxes to German authorities 

Stating its intent to join a future regulated German sports betting market, Malta licensed European operator Betsson Plc has declared that it will pay historic taxes of circa SEK 113 million (£9 million) to the German government.

Issuing a corporate statement declaring its goodwill intent, Betsson governance stated “Betsson still believes that it is not subject to a tax liability, but is opting to declare the tax in order to avoid negative repercussions when applying for a licence in the future.”

The operator self-calculated its tax return at a rate of 5% of German player wagering, set between the period of July 2012 to 31 December 2015.

Company governance stated that it was confident that German regulators would implement a new regulatory framework that would be in-line with European Union business policy and practices.

Hesse Court rulings on German sports betting that have issued just twenty official national betting licenses, have been slammed by the European Court of Justice (ECJ) and officially protested by multiple European operators.

This Thursday German gambling authorities were dealt a further set-back as the ECJ stated that national regulators could not punish unlicensed betting operators as its uncompetitive framework had made it impossible for European betting firms to obtain a required license.