William Hill Leaves Greece

Internet wagering giant William Hill has announced that it has left the Greek gaming market effective December 4th at midnight due to what the company is calling legal issues "beyond its control".

The move comes shortly after Betfair left the country at the end of last month. It is widely thought that betting firms are leaving Greece due to the the country's strict gambling laws, which many see as being inconsistent with EU law.

The restrictions make it more expensive to conduct business within Greece's borders. Upon leaving the market last month a report by Betfair noted that "the associated fiscal conditions attached to these permits, which may include payment of taxes on historical revenues, make the market economically unattractive."

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