Sports Media Entertainment BV has filed a further counterclaim against Entain Plc, stating that technical arrangements related to bonus costs and VAT exemptions had been infringed upon, negatively impacting the performance and valuation of BetCity.nl.

The counterclaim is the latest development in the High Court of England & Wales dispute between Entain Plc and Sports Media BV and related associates – the former owners of Dutch operator BetCity.nl.

In January, Entain initiated a High Court challenge against Sports Media BV related to ‘contractual disputes’ on the terms of its acquisition of BetCity.nl.

Deal terms struck in 2022 saw Entain pay an up-front cash payment of €300m to the former owners of BetCity.nl.

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