10% of the Maltese economy

Malta gaming industry generates USD 749M in 2015

The gaming sector last year yielded some USD 59.7M in tax and the amount is expected to increase to USD 60.7M this year, Digital Economy Minister Emmanuel Mallia said.
2016-12-07
Reading time 33 seg
The gaming sector last year yielded some USD 59.7M in tax and the amount is expected to increase to USD 60.7M this year, Digital Economy Minister Emmanuel Mallia said.

Dr Mallia was replying to a parliamentary question by PL MP Anthony Agius Decelis, also noting that the government has other means of revenue from the sector, including a tax on income and VAT generated by the industry and ancillary services.

He said the gaming industry generated around €700 million in economic activity, which translates into around 10% of the Maltese economy

In reply to another PQ the minister said the Malta Gaming Authority issued 246 lotto booth licenses, 4 casino licences and 269 iGaming licences in 2015.

The authority also issued 88 remote gaming licences, which was an increase of 4% over the previous year.

 

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