{"id":13035,"date":"2026-05-22T09:13:22","date_gmt":"2026-05-22T08:13:22","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=13035"},"modified":"2026-05-22T09:13:25","modified_gmt":"2026-05-22T08:13:25","slug":"european-parliament-discusses-introducing-an-international-tax-on-gambling","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2026\/05\/22\/european-parliament-discusses-introducing-an-international-tax-on-gambling\/","title":{"rendered":"European Parliament Discusses Introducing an International Tax on Gambling"},"content":{"rendered":"\n<p>Legislators have moved a step forward to implementing an EU-wide levy on gambling revenues, although the prospect still remains far off \u2014 for now.<\/p>\n\n\n\n<p>A 1% levy on gambling was proposed by Romanian politician <strong>Victor Negrescu<\/strong>, Vice President of the <strong>European Parliament<\/strong> and a member of the <strong>Budget Committee<\/strong>, in February.<\/p>\n\n\n\n<p>Next Wednesday, 27 May, the EU Budget Committee will hold a meeting on how such a measure could \u2014 and maybe more importantly should \u2014 proceed. The meeting will be led by <strong>Piotr Serafin<\/strong>, the EU Budget Commissioner.<\/p>\n\n\n\n<p>The <strong>Socialists and Democrats (S&amp;D)<\/strong> political bloc lent its support to the proposal, with proponents arguing that a levy will generate additional funding for health, education and youth initiatives across the EU.<\/p>\n\n\n\n<p>Specifics of the proposal have not been fully confirmed, however. What we know for now is that the 1% levy would be applied to either gambling revenues or turnover from across the 27 EU member states.<\/p>\n\n\n\n<p><strong>Both sides cite illegal gambling<\/strong><\/p>\n\n\n\n<p>S&amp;D estimates that the levy could raise between \u20ac2bn-\u20ac4bn ($2.1bn-$4.3bn) annually, and up to between \u20ac14bn-\u20ac28bn ($14.9-$29.8bn) across the EU\u2019s seven year budget cycle.&nbsp;<\/p>\n\n\n\n<p>The levy may find a friendly ear in Brussels, where EU authorities are reviewing ways to generate funds for the proposed 2028-2034 <strong>Multinational Financial Framework (MFF)<\/strong> \u2014 a \u20ac2trn ($2.14trn) prospect.<\/p>\n\n\n\n<p><strong>Sandra G\u00f3mez L\u00f3pez<\/strong>, Co-Negotiator on Own Resources for the EU Budget in the EU Budget Committee, said: \u201cAccording to the S&amp;D Group position, an ambitious basket of new genuine own resources is a condition for having an ambitious MFF that can respond to the increased needs of our citizens and business.&nbsp;<\/p>\n\n\n\n<p>\u201cAs already stated in the MFF Interim Report adopted in April 2026, we need sustainable, predictable and resilient revenue streams for the Union budget.\u201d<\/p>\n\n\n\n<p>Negrescu added: \u201cWe take up the initiative in times when Europe\u2019s online gambling and betting market continues to expand rapidly, generating tens of billions of euros annually while increasingly operating across borders and benefitting from the single market.<\/p>\n\n\n\n<p>\u201cAccording to industry estimates, illegal online gambling already represents around 71% of the market in Europe, leading to major losses in public revenue, weaker consumer protection and increased risks linked to money laundering and organised crime.\u201d<\/p>\n\n\n\n<p><strong>The European Gaming and Betting Association(EGBA)<\/strong>, a trade body for the EU gambling sector, has been critical of the proposal from the outside. <strong>Maaten Haijer,<\/strong> Secretary General of the EGBA, described the levy as \u201cunworkable\u201d when it was first touted back in February.<\/p>\n\n\n\n<p>Like other trade bodies, the EGBA has cited the black market as a key risk factor \u2014 interestingly sharing a similar sentiment to that expressed by Negrescu above.&nbsp;<\/p>\n\n\n\n<p>The body argues that taxing gambling could lead to operators taking mitigating measures which would push customers to illegal companies \u2013 a similar argument to that expressed by the <strong>UK\u2019s Betting and Gaming Council (BGC) <\/strong>during the discussions around taxation last year.<\/p>\n\n\n\n<p>According to a YieldSec report cited by the <strong>European Casino Association (ECA)<\/strong>, EGBA\u2019s fellow pan-European trade body, the EU black market is costing some \u20ac20bn ($21.4bn) in tax money annually. The EGBA made a similar claim in July last year.<\/p>\n\n\n\n<p><em>SBC News <\/em>has reached out to the EGBA for comment on next week\u2019s meeting.<\/p>\n\n\n\n<p>Don\u2019t forget to subscribe to our <a href=\"https:\/\/t.me\/sbceurasia\">Telegram channel!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Legislators have moved a step forward to implementing an EU-wide levy on gambling revenues, although the prospect still remains far off \u2014 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, [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":10857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[5,1,24,564],"tags":[400,14737,924,547,16426,2597,843,46,2752,2818,3174,16430,16194,2486,687,16429,16427,16428,15675],"class_list":["post-13035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gambling","category-news","category-regulations","category-slider","tag-bgc","tag-eca","tag-egba","tag-eu","tag-eu-budget","tag-european-commission","tag-european-parliament","tag-gambling","tag-gambling-tax","tag-gaming-industry","tag-illegal-gambling","tag-maaten-haijer","tag-mff","tag-money-laundering","tag-online-gambling","tag-piotr-serafin","tag-sd","tag-sandra-gomez-lopez","tag-victor-negrescu"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>European Parliament Discusses Introducing an International Tax on Gambling - 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