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Home International Customs

Grey economy growing in Poland: Customs officers

byCustoms Today Report
06/04/2015
in International Customs, Poland, World Business
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WARSAW: Poland Customs officers who supervise gambling in Poland said that grey economy has grown exponentially in Country and say that they cannot put an end to it.

Over 90 percent of the Polish gambling industry is made up of illegal businesses.

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The internet is booming with illegal gambling, and the number of foreign companies offering it increased from 86 in 2012, to 156 in 2014.

“These illegal internet bookmakers have conquered 91 percent of the market. Their turnover is estimated at PLN 5 billion zloty (EUR 1.2 billion) per year,” Paweł Rabantek, spokesperson of the Association of Polish bookmakers, said.

He added that these companies do not pay taxes and the Polish coffers are losing out hundreds of millions of zloty because of this.

Tags: EconomyGreygrowing

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