EU Weighs a Bloc-Wide 1% Gambling Tax as Europe Keeps Tightening on Sector
The EU is weighing a 1% online gambling tax, the S&D group says could raise $2.3-4.6 billion a year. MEP Victor Negrescu proposed the levy in February; the Commission is now preparing a formal assessment. Malta, where gambling is roughly 10% of GDP, opposes the tax on fiscal-sovereignty grounds. From national crackdowns to a Brussels…