The company is highly disappointed by this far-reaching ruling and, together with the Group’s legal counsel, is considering potential courses of action, which may include a petition to the German Federal Constitutional Court and is assessing the status and breadth of its offerings in the German market,” he said.<\/p><\/blockquote>\n
In September last year, 888 said it may have to absorb a charge of $45.3 million against a potential tax liability in Germany. 888 believes it shouldn\u2019t have to pay the tax because it is located outside the country, but Germany argues it should because German citizens have used 888\u2019s websites.<\/p>\n","protected":false},"excerpt":{"rendered":"
888 Holdings is giving serious consideration to abandoning the German market, the company revealed in an earnings call Tuesday morning. The news follows a German federal court’s appeal ruling in November that ordered 888\u2019s German subsidiary to cease offering online gaming in the southwestern state of Baden W\u00fcrttemberg. 888 had always considered Germany, which accounts […]<\/p>\n","protected":false},"author":36,"featured_media":73376,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,19,61,13592],"tags":[],"acf":[],"yoast_head":"\n
888 Mulls German Exit After Court Ruling Threatens Operations<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n