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In the United Kingdom and tax authorities have reportedly widened their ongoing investigation into retail and online sportsbook operator GVC Holdings allegedly regarding the activities of its former Turkish subsidiary.Serious subject:However, the newspaper reported that GVC, which moreover runs iGaming sites such as PartyPoker. Nevertheless, the operator purportedly disclosed that it ‘continues to cooperate fully with HMRC regarding the provision of information’ even as its share price fell by some 12% due to investor speculation on what could ultimately be behind the examination....

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Subsidiary shedding:The expanded investigation is thought to be concentrating on ‘potential corporate offending’ by GVC Holdings with regards to its Turkish business, which it offloaded to former IT supplier Ropso Malta in December of 2017 shortly before buying Ladbrokes Coral Group for ￡3.J.In the United Kingdom and tax authorities have reportedly widened their ongoing investigation into retail and online sportsbook operator GVC Holdings allegedly regarding the activities of its former Turkish subsidiary....

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Considerable consequences:GVC Holdings was left surprised by the request for additional information and declared that it was ‘disappointed by the lack of clarity provided by HMRC as to the scope of its investigation’. will once again become a free agent following this upcoming NFL season, and he is hoping that will be approximately the time that the Cincinnati Bengals offer him a long term contract if he proves that he can stay healthy.GVC had initially reportedly hoped to recoup approximately €150 million (3....

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