Enjoybet<\/strong> as money laundering vehicles.<\/p>\nOperating Planetwin365, the biggest bookmaker implicated in the Glassia scandal, SKS365 has been charged by the Financial Police of failing to declare approximately \u20ac4 billion in taxable income during the period 2015-2016.<\/p>\n
In its summon, the Police states that SKS365 has benefitted from illegal gambling activities and must payback \u20ac6 million in regional taxes, \u20ac71 million in income taxes, combined with a further \u20ac47 million in corporation taxes.<\/p>\n
The governance of SKS365 Group maintains that it had cooperated fully with the Glassia probe, which investigated the bookmaker\u2019s activities during a period in which the firm traded as SKS365 Malta, managed by an entirely separate executive team.<\/p>\n
SKS365 governance underlines that the Glassia-related tax violations occurred under its previous owners, as the company was sold to Dutch private equity fund Ramphastos Investments<\/strong> in late 2016 for \u20ac150 million.<\/p>\nFurthermore, the betting group maintains that the taxable income was generated by a Malta franchise established to operate during a transitional period for Italian gambling, in which the government granted European-licensed operators amnesty as Italy established its licensing framework during 2015.<\/p>\n
\nSource: SBC News<\/p>\n","protected":false},"excerpt":{"rendered":"
SKS365 Group the operating company of Italian bookmaker PlanetWin365 has been charged by the Italian Financial Police of corporate tax evasion totalling \u20ac124 million. The tax evasion charge forms part of Italian Police\u2019s wider \u2018Glassia\u2019 anti-Mafia investigation, undertaken during the course of 2018, which saw 60 people arrested and \u20ac1 billion seized in illegal funds. Conducting a probe of gambling activities in the regions of \u00a0Catania,\u00a0Reggio\u00a0Calabria\u00a0and Bari, Italian police uncovered a \u2018sophisticated money-laundering network\u2019 utilised by three Mafia families. The probe which has been branded as Italy\u2019s biggest AML investigation found that the Mafia networks had knowingly used the <\/p>\n","protected":false},"author":14224,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[164],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p160my-x5R","jetpack-related-posts":[],"publishpress_future_action":{"enabled":false,"date":"2024-06-23 19:33:52","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category"},"_links":{"self":[{"href":"https:\/\/guruplay.tv\/wp-json\/wp\/v2\/posts\/127215"}],"collection":[{"href":"https:\/\/guruplay.tv\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/guruplay.tv\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/guruplay.tv\/wp-json\/wp\/v2\/users\/14224"}],"replies":[{"embeddable":true,"href":"https:\/\/guruplay.tv\/wp-json\/wp\/v2\/comments?post=127215"}],"version-history":[{"count":0,"href":"https:\/\/guruplay.tv\/wp-json\/wp\/v2\/posts\/127215\/revisions"}],"wp:attachment":[{"href":"https:\/\/guruplay.tv\/wp-json\/wp\/v2\/media?parent=127215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/guruplay.tv\/wp-json\/wp\/v2\/categories?post=127215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/guruplay.tv\/wp-json\/wp\/v2\/tags?post=127215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}