Poland suffers another loss as bet365 exits the market

Global betting operators have started to close its operations in Poland after arguing that the 12% tax imposed on the turnover generated by the online gambling companies was not acceptable, saying it was “unworkable” for the operators on the territory of the country. According to the companies, the government of Poland was aiming to create more favorable conditions for Totalizator Sportowy, which is a state-owned entity, so it started making the market conditions less bearable for other companies.

Last week, William Hill announced they were to withdraw their local operations, saying that the regulatory environment in the country has become extremely restrictive and hostile to international gambling operators.

Bet365 revealed its firm intentions to no longer provide its services on the territory of the country and officially announced it is to cease its operations there from March 30.

Since this date, the products of bet365 will become unavailable in Poland. All players accounts registered in the country will be suspended and players will be contacted separately in order to be informed about the company’s decision and the steps that are to be taken by the operator in terms of the Polish market exit.