The hire, for a single-issue campaign, follows London-based Betfair's threat to relocate its HQ to Malta, where it has already won a
licence, pending the result of an HM Treasury decision on gambling tax rules, expected next month.
Analysts have predicted that if regulations change, Betfair – which pays 15 per cent tax on gross profits – could also be forced to tax winnings it pays out.
Powerscourt's brief, which involves media relations, does not include the UK.
licence, pending the result of an HM Treasury decision on gambling tax rules, expected next month.
Analysts have predicted that if regulations change, Betfair – which pays 15 per cent tax on gross profits – could also be forced to tax winnings it pays out.
Powerscourt's brief, which involves media relations, does not include the UK.
