S&D: We Want New Own EU Money From Online Gambling for Europe's Budget

EU committee to entertain international tax on gambling

Legislators have moved a step forward to implementing an EU-wide levy on gambling revenues, although the prospect still remains far off – for now. A 1% levy on gambling was proposed by Romanian politician Victor Negrescu, Vice President of the European Parliament and a member of the Budget Committee, in February. Next Wednesday, 27 May, the EU Budget Committee will hold a meeting on how such a measure could – and maybe more importantly should – …

S&D: We want new own EU money from online gambling for Europe's budget

The Socialists and Democrats in the European Parliament are putting forward a new concrete proposal for a European own resource based on a targeted levy on major online gambling operators and betting and betting-like digital activities operating across the European market. The proposal aims to generate significant new revenues for the EU pluriannual budget to support investments in joint EU...

EU committee to consider international tax on gambling – DIR HONGKONG

(AsiaGameHub) –   Legislators have advanced toward enacting an EU-wide tax on gambling income, though the timeline remains distant for the time being. In February, Victor Negrescu, Vice President of the European Parliament and a Budget Committee member, introduced a proposal for a 1% tax on gambling. On Wednesday, 27 May, the EU Budget Committee will convene to discuss the potential and, more crucially, the necessity of such a measure, led by Pi…