Malta blocks proposed EU-wide online gambling tax
Malta has opposed the introduction of a Europe-wide tax on online gambling, as such measures require unanimous approval from all EU member states. This stance is significant for the online gambling industry and Malta’s economy.
The initiative aimed to impose a 1% levy on operator revenues, potentially raising 2 to 4 billion euros annually to fund education and combat gambling addiction. However, concerns were raised about the tax’s possible negative impact on Malta’s iGaming sector.
This island nation is a major global hub for online gambling, benefiting from favourable taxation policies. The proposed levy could seriously affect Malta’s economy, which explains the country's opposition.
Malta is renowned as an international centre for iGaming companies, offering various services and attractive conditions for gambling operators. This sector contributes significantly to the national budget and employment.
By blocking the tax, Malta has effectively prevented the EU-wide initiative from moving forward without finding compromises or alternative means to support the industry and protect consumers from gambling addiction.
Discussions at the EU level are expected to continue, with Malta maintaining a key role in shaping future regulatory frameworks for online gambling.
