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Totalizator Sportowy Will Pay in Game Tax More Than 1 Billion PLN

Totalizator Sportowy, the main gambling operator in Poland, will transfer more than one billion PLN (approximately $ 258 million) to the country’s budget for gaming taxes this year. By 2020, this figure is expected to increase as the company develops to cover new market segments. The monopoly of games may cover new areas of business, after the reform of the Gambling Law.

The Chairman of the Board of Directors of Totalizator Sportowy, Olgierd Cieślik, commented:

“We are in the period of the largest and fastest transformation in the company’s 60 years of history.”

He added that the company imposed

“a very ambitious plan, because in two or three years we want to determine which companies like ours in other countries took 5 to 7 years. Today, looking at the results, we are proud to succeed.”

According to estimates of the board of directors of the company, thanks to the new business areas only for gaming taxes, Totalizator Sportowy, will be able to transfer to the state budget of Poland more than PLN 1 billion this year.

Source: https://europeangaming.eu/portal/latest-news/2019/11/18/58741/totalizator-sportowy-to-pay-more-than-pln-1-billion-as-gaming-tax/

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Santiago Contreras

Santiago Contreras

I am a professional journalist dedicated to tracking news related to the stock market, business, finance, blockchain and economics. It is a hobby that I share with sports in general, with special attention to tennis, basketball and soccer. I like to offer our readers relevant, entertaining and useful content to help them inform themselves and make decisions every day. Thanks for reading me!

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