A withdrawal from the German market is in the cards for online gambling group 888 Holdings, after the company’s 2017 profits took a hit from the recent regulatory changes in the country.

On Tuesday, the British gambling operator reported that its revenue increased 4% to US$541.8 million in 2017, from the US$520.8 million it posted in the prior year period. However, pre-tax profit took a nosedive from 2016’s US$59.2 million to US$18.8 million in 2017, no thanks to the exceptional charges resulting from a potential German VAT bill—amounting to $45.3 million—as well as the $5.5 million fine that the UK Gambling Commission slapped the operator for failing to help its customers.

In its annual earnings report, 888 highlighted the “regulatory uncertainty” that exists in some territories where it operates, specifically Germany. Online and land-based gambling operators were left reeling by a court ruling that prohibits online gambling in parts of Germany, including the state Baden Württemberg where an 888 subsidiary was already banned from operating. Additionally, a number of payment processors are now refusing to provide certain services, including hold deposits, for gaming companies operating in Germany, according to 888.

888 said that while it is “highly disappointed” with the ruling, it may consider an appeal—or maybe, just leave the country altogether. The company said its board of directors is already “assessing the status and breadth of its offerings in the German market,” indicating that it could soon follow in the footsteps of other gaming providers who have already withdrawn from the German gaming market.