Retroactive tax hurts OPAP's Q2 results
- Written by E.Tsiliopoulos
Greece's OPAP, one of Europe's biggest betting firm, said on Monday that its second quarter results would be hurt by a 21.6 million euro ($28.5 million) retroactive tax.
OPAP said in a bourse filing that the tax, which dates back to 2010, may be reduced as it has already appealed to the Greek finance ministry.
OPAP is scheduled to release its results on Wednesday. The firm is expected to post a double-digit percentage rise in second-quarter profit, boosted by the World Soccer Cup and the launch of a scratch card.
source: Reuters
Tagged under
Related items
-
Clarinet virtuoso Petros-Loukas Chalkias passes away
-
Three year old girl growns in Rhodes pool - Owner arrested
-
Successful transplant to 32-year-old at Hippokrateio - He received the kidney of 14-year-old Spyros who drowned in the Arachthos
-
Helicopter crash in Vouliagmeni: Prosecutor orders investigation, 57-year-old captain released
-
Alexander Payne to be honored at the 78th Locarno Film Festival
Latest from E.Tsiliopoulos
- Clarinet virtuoso Petros-Loukas Chalkias passes away
- Three year old girl growns in Rhodes pool - Owner arrested
- Successful transplant to 32-year-old at Hippokrateio - He received the kidney of 14-year-old Spyros who drowned in the Arachthos
- Helicopter crash in Vouliagmeni: Prosecutor orders investigation, 57-year-old captain released
- Alexander Payne to be honored at the 78th Locarno Film Festival