State-owned Holland Casino warns on gambling tax hike impact

Dutch state-owned casino group Holland Casino posted a loss of €3.5 million in the first six months of this year and has warned that further losses are inevitable if the new government presses ahead with a massive increase in taxes on gambling. The group, which runs 14 physical casinos nationwide, posted net profit of €17 million in the same period last year. But higher personnel and investments in improving the range of gambling options have eaten this away, the casino...