The introduction of a Point of Consumption (PoC) tax in the United Kingdom and Europe's new VAT regime are cited as the two main causes for a 17 percent fall in EBITDA reported by 888 Holdings in the first half of 2015.
According to a document titled "Half Yearly Report for the six months ended 30 June 2015' released by 888 Holdings on Friday, the company's revenues suffered a two-percent decline compared to the same time in 2014. Part of this has been caused by the $5.