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BRIEF-Betfair sees Germany contribution minimal, withdraws product
November 7, 2012 / 7:11 AM / 5 years ago

BRIEF-Betfair sees Germany contribution minimal, withdraws product

LONDON, Nov 7 (Reuters) - Betfair Group PLC : * Update on Germany * Believes that, in regard to bets placed on its exchange, it is not liable for

the tax on sports betting * Decided to withdraw its exchange product from the German market * On-going contribution from Germany is expected to be de minimis and Betfair

is reviewing its operations in this market

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