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David Yu, Betfair CEO, told the Sunday Telegraph in his first interview with a British national newspaper: "we are very happy to hold a licence and pay the sensible tax, but if we see movement we examine what is good for the company in the long term."

Mr. Yu comments come as he awaits the results of a review of regulation of remote gambling by the Ministry of culture, media and sports games.

Based in the UK online betting companies pay a tax on the gross profits 15pc, which prompted bookmakers Ladbrokes and William Hill to move their betting activities online offshore.

Mr. Yu feels that Betfair is sanctioned to stay at the United Kingdom staffed the 1,000 of its 2,000 employés.Séparément, Betfair and other bookmakers are locked in a wrangle on 10pc they pay to Racing UK today industry levy is the date limit for sampling year next to agree.

"We were very, very proud to be a British company and I think that we are one of the real UK successes, said Mr. Yu."

We have been engaged in a dialogue with the Government and what we hope is that we can find a way for this field set to upgrade.

"The situation we have is where we are one of a very small number of bookmakers that are still here on the Mainland.

"What we need to consider is that many others went to the coast, and we do not think that it is a fair playing field and level from maintenant.Nous have engaged in a dialogue with the Government and what we hope is that we can find a way for this field set to upgrade."

"Last year we paid about 20 million from ￡ gross tax on our profits, so we're going to make a significant contribution in the UK."

Asked if he was looking for a special agreement with the tax authorities, he replied: "not necessarily all."

"What we are saying is that there must be a way by being a land company and pay taxes have the right to do things in a way that makes it fair for us because right now there is no distinction between someone who is off at someone who is on the Mainland."

"It could be around advertising, for example."

"Maybe one thing could be that you must hold the United Kingdom and payment of the fee if you want to make the advertising in the media or to do other things here at the United Kingdom."

Mr. Yu has also made its first comments from the public on the disclosure in the Betfair was absent from work for a short period in March with a complaint cardiac flotation prospectus.

"Thanks to this topic but I feel much", he said.

"We decided that for the sake of transparency, that we should put something but I'm fine.Je would step crossed this process if I wasn't."

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