31st of October 2011 Author: Johnny Karp
Local businessman judges competition
Corruption in Turkish football seems to be causing quite a stir, especially having in mind the statement issued by a Turkish businessman Emin Hitay, a chairman of an investment holding company bearing his name which has a shareholding in the legal Turkish betting site Bilyoner.
Namely, this week he was quite vocal about his concerns that his company's revenues will see a 10-percent drop due to the corruption that involves match-fixing and bribery. He also said that the numerous unlicensed foreign online betting companies operate in Turkey without paying taxes, and thereby represent unfair competition to legitimate vendors.
'Certainly they pay out higher than Turkish betting companies because they are unregistered in Turkey, illegally collecting money and not paying taxes,' he said. 'This is clearly unfair for Turkey's betting sector.'
The website in which his company is a stakeholder, Bilyoner, is only authorized to provide service for İddaa, the sole legal football betting game in Turkey.
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