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Story summary
- Sky Bet relocated its headquarters to Malta, potentially saving tens of millions in taxes.
- Critics like Gordon Brown, former Prime Minister of the United Kingdom, warn higher gambling taxes could cost jobs and close shops.
- Tax expert Dan Neidle says Sky Bet could exploit Value Added Tax (VAT) loopholes, while warning laws could change.
- Flutter Entertainment, Sky Bet's parent, acknowledges tax implications but highlights contributions to UK taxes and employment.
